November 30: Premier Steel Pvt Ltd recently organised an event to provided information about the products of the company. The company said in a statement that it and also gave its distributors a tour around the factory with information about the production process and quality control.
During the event held on November 28, Shiv Ratan Sharda, chairperson of the company, announced the establishment of a factory that can produce 40 tonnes of 8 to 32 mm steel rebars in just an hour. He also shared that the factory would run for 20 hours with four hours for maintenance.
According to Sharda, the factory will be using the most sophisticated and advanced machinery from India to produce steel rebars.
Anupam Rathi, the director of the company, said that the company had planned to establish the factory more than three years ago but was postponed due to the mega earthquake and the economic blockade.
Meanwhile, technical director of the company Abhijeet Singh said that the factory will be using only prime billet as raw material to produce TMT rods to maintain utmost quality. He added that the company will be using the rolling technique to eliminate human error while production. He also mentioned that Premier Steel will import raw materials from Andhra Pradesh, Odisha, Jharkhand and West Bengal.
The company said it aims to produce material for the entire country in the wake of the earthquakes and the rise in building of mega projects in the country.
“Arun 3 will need more than just one factory for material. Thus, there is no denying that there will be huge need of more rod and cement in the country in the coming days,” the statement added.
Premier Steel in a joint venture of Sharda Group and Rathi Group. The operators claimed to have been generating steel for more than 36 years. Currently, the company has been producing Fe 500 grade steel.
“The steel produced by the company exceeds the criteria, standardized by Nepal.”