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Mumbai, Jan. 8

Tayo Rolls, the cast iron and steel rolling subsidiary of Tata Steel, has inaugurated an integrated facility for manufacturing forged rolls and engineering forgings, used by various sectors including oil and gas, power, wind mill, sugar, cement and steel. The company had invested Rs 168 crore. The facility was inaugurated by Mr H.M. Nerurkar, Managing Director, Tata Steel.

The forgings unit comprises an arc furnace, ladle furnace and vacuum degassing unit for making forging quality ingots, including round ingots besides a modern forge shop with 2,500 tonnes open die forging press along with other auxiliaries for manufacturing engineering forgings and forged roll blanks.

The new unit also has induction hardening, a core requirement for forged rolls along with other facilities such as cryogenic treatment, heat treatment and machining facility to manufacture forged rolls.

The company's shares on BSE were up 5 per cent at Rs 169 on Friday. — Our Bureau

More Stories on : New Projects | Steel | Tata Steel Ltd

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