Rama Steel Tubes (RSTL), a prominent steel pipe and tube manufacturer in India, has announced the signing of a strategic Memorandum of Understanding (MoU) with JSW Steel Group. This collaborative agreement aims to facilitate several key initiatives, including the procurement of HRC for RSTL’s steel tube and pipe manufacturing, the distribution of JSW Steel’s HRCs in the western region, and the production of value-added pre-galvanized pipes in collaboration with JSW Steel Coated Products Ltd.
Through the MoU, RSTL will be able to procure 100,000 tons of HRC from JSW Steel on a pan-India basis, ensuring a reliable supply for their diverse steel tube and pipe production. This partnership will grant RSTL greater control over its procurement and supply chain while optimizing raw material costs. Additionally, RSTL has been designated as the official distributor of JSW Steel for the distribution of HRC in the western region.
Furthermore, RSTL has entered into an agreement with JSW Steel Coated Products Limited to manufacture 200,000 tons per annum of high-value pre-galvanized pipes, branded as ‘JSW Kalinga,’ exclusively for the western region. Leveraging the extensive distribution network and strong brand reputation of JSW Steel Group, RSTL aims to significantly expand its market share across various product ranges.
RSTL will commence the procurement and distribution of HRC and the production of pre-galvanized pipes with immediate effect. This collaboration has the potential to contribute an additional volume of 100,000 tons per annum in the first year alone.
With a global presence in over 16 countries and an export rate of 20 pct, RSTL has established itself as a reliable player in the industry. Currently boasting an aggregate capacity of 294,000 tons per annum, RSTL is well-positioned to capitalize on this strategic partnership and further strengthen its market position in the steel pipe and tube manufacturing sector.