Indian alloy steel producer, SLR Metaliks, has completed investment to the tune of $9 million during the lockdown period over the past few months to ramp up its plant capacity by 33 percent to 400,000 mt per year, the company said in a statement on Thursday, August 20.
“The company increased its manufacturing capacity during the Covid-19 lockdown. We have strategically used the lockdown period to enhance the furnace capacity in a planned manner through micro-planning, SLR Metaliks, managing director, Rakumar Goel said in the statement.