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Usha Martin announces 10% growth

Usha Martin also registered a 28 per cent increase in its value added products such as wire and wire ropes to over 122,000 tonnes.

india Updated: Apr 03, 2006 17:26 IST

Usha Martin Limited, a leading producer of speciality steel and wire rope, has achieved a growth of 10 per cent in steel production to touch 323,000 tonnes in the fiscal year 2005-06.

Usha Martin also registered a 28 per cent increase in its value added products such as wire and wire ropes to over 122,000 tonnes, a company release said Monday.

The company has announced a price increase of Rs 2,000 a tonne on its steel and value added products with immediate effect.

Usha Martin has manufacturing facilities in Ranchi, Jamshedpur and Hoshiarpur in India, besides Britain, Thailand and United Arab Emirates.

First Published: Apr 03, 2006 17:26 IST