Manaksia Steels Ltd has commercially rolled out AluZinc-coated steel line at its Haldia plant, a major addition to its portfolio of coated steel products. The move supports the company's strategy of growth, further consolidating its position in high-performance steel space.
1. Market Impact & Expansion Strategy
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Manaksia's new AluZinc range also contributes to the company's product range to the construction, automotive, and industrial sectors.
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The firm focuses on enhancing production efficiency and address growing international demand for corrosion-resistant steel solutions.
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Experts forecast that this growth will consolidate Manaksia's market share, guaranteeing increased revenue and production.
2. Technological Progress & Sustainability
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AluZinc coating is a combination of aluminum, zinc, and silicon and provides better durability and resistance than regular galvanized steel.
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Manaksia's high-tech production plant guarantees precise coating, enhancing product performance and lifespan.
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The firm is dedicated to green production, lowering the carbon footprint and energy usage.
3. Future Prospects & Industry Growth
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Manaksia Steels is expanding its coated steel business, with further capacity enhancement planned.
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The investment of the company in state-of-the-art technology makes it a dominant force in the international steel market.
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The AluZinc portfolio is expected to drive demand in infrastructure and industrial segments, driving long-term profitability.
Sources: Manaksia Steels, Business Standard