Indian steel producer Essar Steel yesterday launched its branded thermo mechanically treated (TMT) bars to meet the requirements of India’s growing construction sector.
First Essar will sell the product in Gujarat state in India and within six months will introduce the product to other parts of the country.
Essar Steel is planning to sell the TMT bars through its retail steelhypermart outlets, of which Essar owns 63 in India and two in Indonesia.
Essar Steel director Vikram Amin said, “Our TMT bars will have much higher yield strength and tensile strength values compared to normal TMT bars. This ensures higher material savings in construction.” He also stated that Essar’s TMT bars will have far higher bendability and weldability, as well as higher powers of corrosion and earthquake resistance.