Uttam Galva Steels Limited is one of the largest manufacturers of cold rolled steel ("CR") and galvanized steel (GP) in Western India.The Company is into the business of procuring hot rolled steel ("HR") and processing it into CR and further into GP and Colour Coated Coils. In Galvanized coils it specializes in making ultra thin sheets, which could be as low as 0.13mm thickness. The excess capacity of CR which is not used for galvanizing is converted to value added grades in Cold Rolled Closed Annealed ("CRCA") coils, cut to length sheets and also sold as Full Hard CR in the overseas markets. In the fiscal 2008, it had net sales revenues of Rs.32,884 million (U.S.$820 million) and net income of Rs.1,239 million (U.S.$31 million).More than 70% of the Company's products are currently exported to over 138 countries worldwide and it has a customer base in many advanced markets such as Australia , France , Germany , Greece , UK and the USA to name a few. In the Indian market, the Company has established itself as a major player for the supply of CRCA to manufacturers of automobiles, white goods, general engineering and drums & barrels segment. The Company is also a large supplier of galvanized coils and sheets to the construction industry. The Company's manufacturing facilities are located at Khopoli, in the state of Maharashtra, India, which are close to Nhava Sheva and Mumbai ports. This provides the Company with easy access to imports of HR coils and also for exporting its products. A close proximity to the ports gives the Company the advantage of lowering its transportation costs. The Company's domestic sales are also within the radius of 500 km from its manufacturing facilities to domestic companies.
Uttam Galva Steels Limited is one of the largest manufacturers of cold rolled steel ("CR") |
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