On Monday, a leading brand in South India in TMT bars, Radha Smelters, launched the first of its kind 550 D Ladle Refining Furnace( LRF) Thermo Mechanically Treated (TMT) Bars produced through the LRF route.
The product was launched by popular Telugu actor and the company's brand ambassador Rana Daggubati, along with the company's leadership at an event held at HICC.
According to Sunil Saraf, company chairman, the new range bars are considered ideal for critical high-rise buildings and infrastructure projects. There are several grades in steel bars. 550 D is one of the most superior grade steel bars with high elasticity and has been introduced for the first time in Telangana.
Saraf said that it is a special grade bar that only a few companies in the country are able to manufacture. This grade is used in high rises and for dams, bridges, ports, flyovers, wind turbine foundations, and other structures that need a high load-bearing capacity.
Radha Smelters also has plans of expansion of its capacity at its Chinna Shankarmpet unit in Telangana's Medak district. In the financial year 2022-23, the company aims to achieve Rs 1500 crores.