Business

Steel

Steel is the widely used metal and is an indispensable part of Household and Industry. Looking at the Indian growth story, we have sensed a great future in steel and steel products. The per capita consumption of steel in India is only 56.4 kg against the global per capita consumption of 200 kg. With the country experiencing a steady growth in per capita income of the masses has now given head to the upsurge in the growth of infrastructure for development of businesses and lifestyle. For decades to come the demand for steel will be a never ending story and we foresee ourselves as one of the front runners in this rally.

We have a state of art manufacturing arm based out of Andhra Pradesh, India. We operate this facility with an annual output of over 100,000 MT p.a. and sell our Thermex TMT bars under the brand name “AASTHA TMX FE 500.

We manufacture Thermo Mechanically Treated (TMT) bars, which are hot rolled round bars/rods with indentations/ribs normally supplied in straight length or in folded bundles. Construction and Infrastructure – two high growth sectors in the country are the primary consumers of TMT bars. TMT bars are protected by past rolling thermo process. There are two known technologies, which were independently developed in Europe and later recognized globally. These are the Thermo and Temporal Processes. Thermo processing of steel bars results in higher strength with better ductility than that offered by the Cold Twisted Deformed Process.

We have a patented Turkish technology and design of our TMT bars which exhibits very high bendability due to lower carbon and higher elongation. The bars can withstand bending and rebending with internal diameters of 1D and 4D respectively. Our design is even Earthquake resistance, which is the demand of all high rise towers and bridges/flyovers as per standard norms.

Apart from manufacturing TMT Bars, we trade in Structural Steel. We have tied-up with major real state and infrastructure companies as their empanelled supplier for these products.

News

  • 06.08.2012 - SHRI MOHIT AGGARWAL interviewed by Economic Times
  • 03.06.2012 - NSEL Launches 1st imported COAL Trading on Spot Market in association with AASTHA MINMET
  • 26.07.2012 – AASTHA MINMET gets listed on Duns & Bradstreet Global Database.
  • Aastha has co-sponsored Workshop on "BSE SME Exchange - A New Initiative for Raising Equity Capital for MSMEs" On Saturday 14th April, 2012. The event was a joint initiative by The Federation of Andhra Pradesh Chambers of Commerce and Industry in association with Bombay Stock Exchange The CEO Mr. B.V.H Prasad was one of the speakers at the event. He spoke about the growth of emerging Indian SMEs and supported it with the story of Aastha Group.