Third Bright Annealing Furnace with 12 MT Per day capacity is commissioned at SS Division.
Entity demerged and Heavy Metal and tubes (India) Pvt. Ltd. come into existence.
Expansion of Carbon Steel division of the company was completed by tripling its capacity and shifting to new location 138, Bileshwarpura in Gujarat State of India for manufacturing Seamless Carbon & Alloy Steel Tubes & Pipes. With this expansion, now have got 9 Draw Benches plus other machineries to manufacture 24,000 MTPA of Cold Drawn Seamless Carbon & Alloy Steel Tubes & Pipes.
New Bright Annealing Furnace with 10 MT Per Day Capacity is commissioned at CS Division.