"ISP's new and modern plant will facilitate SAIL to take its market share in Long Products to 10 per cent from the existing 7 per cent," the steel maker said in a statement.
The steel maker is in the phase of reinventing its processes and deliver world class products to the market; while it nears the completion of the company's modernisation programme.
"The plant has huge potential to capture newer market segments with its enriched products from the new mills. Disruptive improvement is the order of the day where we have to become world class in all spheres of production performance and marketing to customers," said the company's Chairman P.K Singh who visited ISP on Saturday.
After modernisation, ISP boasts of a modern wire rod mill (WRM), universal section mill (USM) and bar mill capable of producing high quality products, it added.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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