9,659.48 TRY BIST 100 BIST 100
37.83 USD USD USD
5.24 CNY CNY CNY
40.78 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
46.25 TRY Interest Interest
74.48 USD Fossil Oil Fossil Oil
33.77 USD Silver Silver
5.04 USD Copper Copper
102.21 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,803.99 TRY Gold (gr) Gold (gr)

Danieli to supply two more mills to India's Rungta Mines

Italian equipment manufacturer Danieli will supply two high-speed rebar and wire rod rolling mills to the Indian company Rungta Mines.

Danieli to supply two more mills to India's Rungta Mines

Italian equipment manufacturer Danieli will supply two high-speed rebar and wire rod rolling mills to the Indian company Rungta Mines. The equipment will be installed at the Dhenkanal and Kamanda factories in Odisha state.
The declared production capacity of the factories is 1 million tons per year, 8-40 mm diameter rebar and 5.5-20 mm diameter wire rod.

It was stated that the factories will be equipped with modern Danieli development technologies. For example, the Danieli Rod Quenching (QTB) annealing system, which is said to significantly reduce the number of potential defects. In addition, the factory design provides an advanced system for preparing finished products for delivery and a system that reduces vibration during production.

In March 2023, Rungta Mines ordered two high speed rebar mills from Danieli at its Chaliyama plant in Jharkhand. It will be released in the third quarter of 2024.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Angang Steel suffers USD 1 billion loss amid crisis in China's steel market

Wednesday, April 2, 2025

Türkiye's rebar exports increased by 18.4% in February

Wednesday, April 2, 2025

Uncertainty over US-China trade forces market participants to act cautiously

Wednesday, April 2, 2025

Fagersta Stainless increases production capacity with Danieli technologies

Wednesday, April 2, 2025

ERDEMİR published its integrated annual report for 2024

Wednesday, April 2, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now