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Tata Ryerson Sets up Rs 500 Million Plate Processing and Fabrication Service Center in AP
~Tata Ryerson Limited (TRyL), a joint venture between Tata Steel and Ryerson Inc of USA has set up a first-of-its-kind service center for plate processing and fabrication at Tada in Andhra Pradesh to cater to the growing Earthmoving and Construction Equipment market in India.~

Hyderabad|India|February'2009: Tata Ryerson Limited (TRyL), a joint venture between Tata Steel and Ryerson Inc of USA has set up a first-of-its-kind service center for plate processing and fabrication at Tada in Andhra Pradesh to cater to the growing Earthmoving and Construction Equipment market in India.

The center, set up at an investment of Rs 500 million, will provide a wide range of services including oxy fuel, plasma and laser cutting, shearing, press bending and welding of plates for ordinary carbon steel and alloy steel to a very high strength and high hardness steel.

Inaugurating the center at Tada on Monday, the Tata Ryerson chairman, Mr. Frank Munoz aid, “The service center is a part of our continuous effort to work closely with customers and provide more value to them.” He said that it is adequately equipped to offer a comprehensive range of services for plates to any customer in the ECE segment.

Mr. Sandipan Chakraborty, Managing Director of Tata Ryerson Ltd., said, “Close to the major OEMs like Caterpillar at Thiruvallur near Chennai, Komatsu in Chennai, Volvo, L&T Komatsu near Bangalore, and Telcon in Dharwad, TRyL’s service center for plate processing and fabrication is a strategic fit for both the equipment manufacturers who can now look for service on a Just in Time basis.”

TRyL’s latest entry into value added Stage II & III service centers will add to its existing stable of sophisticated processing facilities (Hot Rolled, Cold Rolled – both coated and uncoated , SS and Rebar) in Jamshedpur, Pune and Faridabad. The company has also pioneered processing of auto grade steel for car skin panels, SS and construction grade Rebar in India. Today steel processed and distributed by Tata Ryerson are used by most of the reputed OEMs in the Auto, Appliance , Panel segments like Maruti, Whirlpool, LG, Samsung, Ericsson , Honda, Tata Motors, Ford etc.

The company’s decision to raise the standards of service in steel plates for the Earthmoving & Construction Equipment sector is clearly in line with the emerging opportunities. The global mining and exploration giants are expected to pump in 22.4 billion USD into India's mining industry in next few years.The market for mining and mineral-processing equipment in India is estimated at $5 billion for the next 5 years. Investment in Infrastructure is estimated to reach 125 billion USD by 2012. The Eleventh Plan of the Govt. has proposed investments of Rs. 20,27,169 crore over the next 5 years.

Tata Ryerson Limited (TRyL):
Tata Ryerson was formed in 1997 as a JV between Tata Steel and Ryerson of USA to bring world class steel service center solutions to industrial customers in India. The company is headquartered at Kolkata. While Tata Steel is the largest private sector steel producer in India and one of the respected players in the global arena today, Ryerson Inc. is the largest distributor of industrial materials having more than 100 centers across USA, Canada and China with a turnover of around 6 Billion US Dollars. Tata Ryerson is in its twelfth year of successful operation with a growth rate of over 50% CAGR, in terms of profit and tonnage.

Commencing operation in 1997 with a service centre in Jamshedpur and a turnover of Rs 1.8 crore, it has now spread across India with 7 service centers and 16 distribution locations. With a combined processing and distribution volume of over 1.3 million metric ton, it is poised to cross a turnover of Rs.1500 crore in 2008-09.

World class processing facilities and comprehensive quality assurance systems have combined to make Tata Ryerson a benchmark in the service center industry. Its plants have been awarded ISO9001, 9002-1994 and QS9000 and TS16949 quality system certifications and best distributor of Tata Steel for the year 2008. TRyL has also been awarded with the prestigious Rajiv Gandhi National Quality Award for large scale service centre in the year 2007. Business operations are integrated using the SAP R/3 platform which provides real time data for customers.

Team Tata Ryerson with a 1660 strong committed workforce work hard to set newer benchmarks in business excellence and customer satisfaction.

Reachout's News Bureau
 February' 2009

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