AISCO, SCAN Steel tie up for production & marketing

Delhi based steel company, AISCO and Orissa based SCAN Steel Group have tied up to undertake production and marketing of Steel TMT Bars under the brand name of AISCO TMT.

NEW DELHI: Delhi based steel company, AISCO and Orissa based SCAN Steel Group have tied up to undertake production and marketing of Steel TMT Bars under the brand name of AISCO TMT.

The Group will take on the process of reduction of iron ore, making of sponge iron and casting of billets at its fully integrated facility at Orissa.

TMT Production will be undertaken at its main rolling unit at Orissa and various other group-owned and conversion units located at various parts of the country.

According to Mr. Praveen Aggarwal, Managing Director of AISCO Group, this will help them move towards overall growth of the company and the group will provide quality material for use in construction Industry and educate the consumers about shortcomings of poor quality steel available in the market.

The group plans to expand its operations in all the states of India by year 2010.
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