Monday, November 28, 2011

Indian electrical transformer industry may face trouble due to supply gap of CRGO steel

The Indian electrical transformer industry, which is worth Rs 16,000-crore, is expected to be affected due to the serious supply gap of important raw material known as CRGO steel, which is its sole domestic producer as SAIL is not ready to manufacture it.

Reports suggest that cold-rolled grain-oriented laminated silicon steel or CRGO steel, which is used by the electrical transformer industry used to be produced by Steel Authority of India (SAIL).

It is believed that Tatas-owned Corus, which is based in Britain, is the only other domestic firm that has the technology to produce CRGO steel.
SAIL is planing to ink collaboration with international company to produce CRGO steel.

Read more at: http://news.indiamart.com/story/indian-electrical-transformer-industry-may-face-trouble-due-supply-gap-crgo-stee-150694.html

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