09
Jan
16:04
Former Gerdau India unit becomes Arjas Steel
The producer formerly known as Gerdau Steel India has been renamed to Arjas Steel, Kallanish learns.
The firm has a 300,000 tonnes/year capacity special steel long products mill in Tadipatri, southern India. Its products include pig iron, billet, square and round bar, flat bar and bright bar.
Brazilian steelmaker Gerdau sold its Indian assets to Blue Coral Investment Holdings and Mountainpeak Investment Holdings last year for $120 million (see Kallanish passi…
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