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13 Jan
16:14

India’s RSTL eyes Nigeria expansion, procures speciality steel

India’s Rama Steel Tubes aims to set up a 20,000 tonnes/year roofing sheet manufacturing facility at its step-down subsidiary RST Industries (RSTIL) in Nigeria, Kallanish notes. The expansion is expected to be completed in two tranches and will be fully operational by August 2022. It is scheduled to operate at full capacity in the third quarter of the fiscal year ending 31 March 2023. This additional capacity is aimed at expanding the company’s curre…
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