#Steel Wire Ropes manufacturer in Australia

[bharatwireropes]

Bharat Wire Ropes is one of the largest wire rope manufacturer from India exporting to more than 55+ countries across the globe with more than 35+ years of experience listed on NSE & BSE

[cheunggsteel]

CheungG Steel Group LLC is a leading manufacturer and supplier of fence systems and steel in China.

The CheungG Steel Group is one of the original supplier of fence and steel to the China construction industry. CG Steel its origins to 1997 with the formation of the wire mesh factory. We are the preferred supplier to the China Building and Highway sector and we’ve been doing so for more than 20 years. With the business abroad continuing to expand, and in order to meet customer demand. CheungG Steel Group, which operates export business, started operation from Year 2023.

With a strong legacy in product & service Innovation, CheungG continues to partner with our customers to identify cost and time efficiencies on their next job. Our expert team and comprehensive range ensure no matter what the project needs are, big or small, we’ll be there to provide the right support as a “one-stop” customized  purchasing.

Proudly Chinese since 1997, all CheungG Steel products remain 100% CN made with international quality assurance and compliance with CN standards. We believe that the reliability of trusted partnerships reinforce the foundations of every successful project.

CheungG – CN’s integrated fence systems and steel manufacturing and distribution business, providing solutions for commercial and residential construction, large scale and nation-building infrastructure, our primary producers and rural sectors.

Dear Sir/Madam,

We hope to build a long term business relationship with you, Kindly Email or WhatsApp us if you are interested in below mention Items. Email: sales7@cheunggsteel.com, WhatsApp:+8618003388789.

Anti climb fence, clear view fence, australia temporary fencing, canada temporary fencing, cattlepanels, roll top fence, chain link fence, american chain link temporary fencing, crowd control barrier, 454 656 868 double wire mesh panels, flat top metal fence, spear top metal fence, 3d welded wire mesh panels, palisade fence, field fence, razor barbed wire, barbed wire, expanded metal mesh, gabions mesh, reinforcing mesh, Rare metals mesh, plastic rebar chair for mesh, steel grating, highway noise barrier wall, pounched metal plate, stainless steel rope netting and many more.

[ama2024]

https://www.advancemarketanalytics.com/reports/6298-global-steel-wire-rope-market

Steel Wire Rope Market Latest Review: Know More about Industry Gainers

Advance Market Analytics released a new market study on Global Steel Wire Rope Market Research report which presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Steel Wire Rope Forecast till 2027*.

Steel wire rope, a piece of a complex mechanical device which is used to support and move of an object or load in various industries such as mining, oil and gas, construction and other. It is predominantly made from high-carbon steel and stainless steel. Moreover, the wires are twisted to form strands and they designate the strength of the steel wire rope.

Key Players included in the Research Coverage of Steel Wire Rope Market are:

WireCo World Group (United States), Tokyo Rope Manufacturing Co. Ltd. (Japan), Kiswire (South Korea), JIANGSU LANGSHAN WIRE ROPE CO. LTD (China), Guizhou Wire Rope (China), Jiangsu Fasten Group Co., Ltd. (China), Usha Martin (India), Bridon-Bekaert (Belgium), Juli Sling Co. Ltd. (China), Jiangsu Shenwang Group (China), Shinko Wire Company Ltd. (Japan), Jiangsu Safety Steel Wire Rope Co. Ltd. (China), GUSTAV WOLF GmbH (Germany), Ansteel Group Corporation Limited (China)

What's Trending in Market: Increasing Construction of Skyscrapers in Both Developed and Developing Nations

Surging Construction of Suspension Bridges, Towers and Elevators

Challenges: High Labor Cost and Very Expensive

Difficult to Visually Examine Rope Interior

Opportunities: Increasing Demand for Lifting Loads in the Shipping Industry Across the Globe

Market Growth Drivers: The Rapid Development of Industries Including Construction, Infrastructure, and Mining in Developing Economies

The Resurgence in the Oil and Gas Industry

The Global Steel Wire Rope Market segments and Market Data Break Down by Type (Left Regular Lay, Left Lang Lay, Right Regular Lay, Right Lang Lay, Alternate Lay), Application (Industrial & Crane, Oil & Gas, Mining, Fishing & Marine, Others), Strand Type (Spiral Strand, Round Strand, Others), Coating Type (Zinc, Aluminum Alloy, Stainless Steel, PVC, Others)

Get inside Scoop of the report, request for free sample @: https://www.advancemarketanalytics.com/sample-report/6298-global-steel-wire-rope-market

To comprehend Global Steel Wire Rope market dynamics in the world mainly, the worldwide Steel Wire Rope market is analyzed across major global regions. AMA also provides customized specific regional and country-level reports for the following areas.

• North America: United States, Canada, and Mexico.

• South & Central America: Argentina, Chile, Colombia and Brazil.

• Middle East & Africa: Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt and South Africa.

• Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands and Russia.

• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Malaysia, Singapore, and Australia.

[rajeevjhawarushamartin]

Highlights from the conference call for Usha Martin's FY2023 profits

With a rich legacy spanning over six decades, Usha Martin stands as a global leader in the production of specialized steel wire ropes. The company boasts a diverse portfolio, offering an array of products including specialty wire ropes, premium wires, LRPC, custom-made end-fitments, accessories, and associated services. These offerings find applications in an array of industries such as oil and gas, ports, cranes, lifts, mining, fishing, renewable energy, construction, infrastructure, and general engineering.

In a bid to strengthen its commercial relationships, the company recently conducted a conference call to discuss its FY2023 earnings with analysts and investors. Rajeev Jhawar,Usha Martin Managing Director., expressed the company's commitment to holding such forums regularly, aiming to enhance transparency and cultivate stronger relationships within the investor and analyst community.

Usha Martin operates production facilities in India and overseas, with a presence in Thailand, the United Arab Emirates, and the United Kingdom. The company's strategic approach involves stocking and distributing through its network of distribution hubs in Southeast Asia, Australia, Europe, the United States, and the UAE, complemented by direct sales from its facilities. UML also operates specialized service centers, providing value-added services such as cutting, socketing, testing, inspection, and more. Additionally, the company runs a global R&D facility in Italy, dedicated to developing proprietary software for wire rope design.

Rajeev Jhawar shared insights into Usha Martin's successful debt reduction strategy. Formerly engaged in steel manufacturing, the company faced challenges due to industry downturns and high levels of borrowing. To address these issues, Usha Martin divested its steel business through a slump sale, significantly reducing its debt burden and enhancing its financial and operational standing. This strategic move marked a transformation from a commodity-oriented firm to a value-added, high-return-on-capital (ROC) enterprise, yielding improved margins and profitability, even amidst fluctuating raw material prices.

Furthermore, Jhawar emphasized the high barriers to entry in the wire rope industry, characterized by stringent client approval processes and complex applications. Usha Martin has taken deliberate steps to bolster its wire rope production capacity, diversify its product range, optimize costs, secure raw material sources, and fortify its financial position, aligning with its increased focus on specialized wire ropes.

Following its resurgence and stabilization, Usha Martin introduced a new dividend policy in FY22. Rajeev Jhawar proudly announced a recommended dividend of Rs. 2.5 per share for FY23, totaling Rs. 76.2 crore in cash flow after taxes. The company's commitment to shareholders remains unwavering, striking a balance between investing in growth opportunities and rewarding shareholders through dividends.

Jhawar concluded by affirming Usha Martin's triumph over past challenges and its significant strides over the last three years. He expressed optimism regarding the company's exciting prospects, poised to leverage the sector's substantial growth potential. Rajeev Jhawar anticipates continued support from the community and investors as Usha Martin embarks on a journey to create enduring, sustainable value for all stakeholders.

The session continued with Mr. Anirban Sanyal, Usha Martin's CFO, providing insights into the operational and financial highlights for the quarter ended March 31, 2023.

[gatemanufacturers]

Buy Quality Balustrades and Fittings from Reputable Stainless Balustrade Fittings Suppliers

Reputable stainless balustrade fittings suppliers provide various products such as steel balustrade, stainless steel balustrade, fittings and more at competitive prices. Their balustrade fittings are 100% Australian made onsite from quality materials ensuring you are getting reliable and trustworthy fittings products from these suppliers. These businesses ensure that their stainless steel balustrades and fittings are strong and durable. They can guarantee for the quality of their products because they manufacture them themselves in Australia using quality materials. Thus, they provide quality stainless steel balustrade fittings, making these companies trusted choice when you need stainless balustrade fittings.

These suppliers also provide a wide variety of premium-quality glass pool fencing in Dandenong that stylish and durable.  These steel companies state that pool fencing is a crucial part of taking responsibility for the safety of family, friends and neighbors when you own a pool. Pools can be a lot of fun, but they can also be very dangerous for small children who enter a pool unsupervised. Take the initiative and ensure your pool used in ways that promote good fun with 100% safety for all involved. These businesses not only manufacture glass pool fencing, but also back this up with their quality glass pool fencing installation services. They ensure that they can provide stylish frameless glass pool fencing in Dandenong that is perfect for meeting practical and aesthetic needs.

Importance of Buying Stainless Balustrade Fittings:

Numerous websites claim that stainless steel balustrade Melbourne is a popular, practical and contemporary construction component. Both conventional and contemporary designs and styles can benefit from using it. Your stainless steel balustrade design can be finished with glass panels or wire rope. It is crucial that no one install stainless balustrade at your house without stainless balustrade fittings. A stainless steel balustrade is a practical, adaptable, and contemporary architectural element. It can use in conjunction with high-quality stainless balustrade fittings to match both traditional and modern designs and styles.  Many builders use stainless steel balustrade due of its high quality, simplicity of fabrication, convenience of installation, and maintenance requirements.

In summary, stainless balustrade suppliers offer various products such as steel balustrades, steel gate, fittings and more.  Anyone looking for these products should get in touch with a nearby balustrade supplier.

Source

[wiseedition]

Usha Martin’s FY2023 Earnings Conference Call – Rajeev Jhawar Speaks To Investors And Analyst Community

Usha Martin is one of the world's leading manufacturers of specialty steel wire ropes with over 60 years of experience. The Company offers a wide range of products including specialty wire ropes, high quality wires, LRPC, customized end-fitments, accessories, and related services. These products are used in industries such as oil and gas, ports, cranes, elevator, mining, fishing, renewable energy, construction and infrastructure and general engineering, among others.

The company conducts FY2023 earnings conference call for the investors and analyst community for the betterment of their business relations. “Our goal is to hold such forums regularly in the future with the aim of increasing transparency and building a stronger relationship with the investors and analyst community”, said Rajeev Jhawar Usha Martin, MD

Usha Martin has manufacturing facilities in India along with plants overseas in Thailand, UAE and the United Kingdom. The business model is primarily to stock and sell through their own distribution centers worldwide in Southeast Asia, Australia, Europe, US, UAE and also do some direct sales from the plant. UML have dedicated service centers where they provide value additions such as cutting, socketing, testing, inspection and so on. The Company also has a global R&D center located in Italy, where it designs wire ropes using proprietary software.

Rajeev Jhawar also shared details about how Usha Martin deleveraged their business, “In the past, Usha Martin was involved in the steel making business which was impacted due to the severe downturn in the industry and high leverage of the Company. To overcome these challenges, we undertook divestment of the steel business by way of a slump sale. It is important to note that the Company never defaulted, did not go for debt restructuring and there was no haircut by any of the lenders. This exercise enabled the Company to significantly deleverage and turnaround our financial and operational position. While it was a tough decision at that time, this helped us transform from a commodity business to a value-added high ROC business”.

According to Rajeev Jhawar, MD, Usha Martin through this:

Was able to grow their margins and profitability despite the volatility in commodity prices that is their raw material, basically the steel.

The barrier to entry in the industry are high because of the long customer approval cycle and critical applications. As some of you know, wire ropes are highly engineered products that need to meet the highest standards of reliability and performance. Now, with the renewed focus on the specialty wire rope business, Usha Martin has undertaken strategic initiatives to enhance its production capacity for wire ropes, diversify its product range, restructure its cost, secure its raw material sources, and strengthen its financial position.

Post the turnaround and stabilization of the business, Usha Martin adopted a new dividend policy in FY22. “I am delighted to share that the Board has recommended a healthy dividend of Rs. 2.5 per share for FY23, amounting to a total cash flow of Rs. 76.2 crore after taxes. Our commitment to all shareholders remains strong, and our Board will continue to prioritize a balance between investing in the business to pursue growth opportunities and rewarding shareholders through dividends”, Rajeev Jhawar Usha Martin , MD explained.

He concluded by saying that Usha Martin has successfully navigated its past challenges and has made substantial progress in the last 3 years. Today, he strongly believes that Usha Martin is in a very exciting phase. Rajeev Jhawar is confident that the company is well placed to capitalize on the significant growth opportunities which the industry has to offer. He looks forward to for the continuing support from the investors and the community in their journey where they will create long-term sustainable value for all the stakeholders.

The session was carried on by Mr. Anirban Sanyal, CFO of Usha Martin, who then explained through the operational and financial highlights for the quarter ended 31st March 2023.

[australiannetting]

WIRE ROPE LADDERS in Australia

All ladders are made in Australia and have been certified for a Safe Working Load of 130kg.  Each ladder comes with a tag that includes a serial number, manufacturer’s identification, date of manufacture and safety maintenance check. 

The ladders have rigid rungs (aluminium or stainless steel) and flexible sides, that are made from wire rope. The advantage of this is that it allows the ladders to be suspended from a fixed point rather than like a conventional ladder. 

Our ladders can be rolled up for easy transport and storage, weigh much less than a conventional ladder and can be deployed in confined spaces.  

http://Netting.com.au 

136 Castle Hill Dr, Gaven QLD 4211, Australia https://goo.gl/maps/RKG2upU9BxCgpLNS9 https://www.facebook.com/netting.com.au https://nettingcomau.business.site/website/nettingcomau/posts/6810105726503026244?hl=en-GB

[materialhandling]

Mobile Jib Crane

An Overview of the Various Components of a Mobile JIB Crane

The use of a Mobile Jib Crane in building construction has increased dramatically over the past few years. These cranes are becoming more popular and more useful in various industries across Australia. A Mobile Jib Crane is a portable, easy-to-use boom lift that is made to fit into almost any vehicle, van or truck. They are ideal for on site use, as well as storage applications.

A Mobile Jib Crane is simply not fixing to a ground or any other external supporting structure, limiting its versatility and usefulness. They normally support the weight with counterbalance weights in the boom. They can either manufacture / alter to fit specific clients' specific needs, or provide standard OEM products. These mobile cranes are designed with their main function in mind, so they provide years of faithful service, even under the toughest construction conditions. Their lightweight design makes them highly manoeuvrable, and their ability to easily move from one work area to another, make them ideal for use in a variety of environments.

There are several common components that make up a Mobile Jib Crane. Firstly, there is the boom lift itself, which can be either an electric hoist, or powered by hydraulics or pneumatic power. Next, there is the cradle, which holds the boom lift whilst allowing it to raise and lower the crane. Cages differ in size, design and style, with some offering extra load capacity and being designed to minimize the chances of damage to stored materials during transportation. Lastly, there are hoists, which often operate using either chain or rope, and are connected to the crane's boom lift by a power cable. Hoists are most commonly used for lifting heavy objects, although they can also be fitted to various other work platforms for the purpose of self-loading equipment.

The boom and cradle are the most important technical components of a mobile jib crane, however. They differ in both size and type of lifting capacity. Each determines how much weight can be lifted with each stroke of the rope or chain, and consequently how long the platform can be supported during operation. Most cranes have a maximum lifting capacity, which is the maximum weight a platform can safely lift. Being the largest component of the crane, the boom and cradle are responsible for this.

The next most important part of a mobile jib crane, and the one which determine its practicality and price, is the "I-beam" system. In the most basic of cranes, the "I-beam" consists of a series of vertically erected steel beams, which are fixed above the crane's boom section. This method of lifting can be either parallel to the ground, or inclined against it. The "I-beam" system is often used to support the counterweight, which helps to stabilise the overall lifting performance. Most commercial cranes are designed to be able to support an average weight of around 50 tons.

The third most important technical component of the crane, which determines its cost and reliability, is the electric chain hoist, or "chain saw." The chain hoist enables the operator to raise and lower the platform by using a wire rope electric hoist, which can be operated manually or automatically. These are commonly used on mobile jib cranes, but can also be used on cranes that are not mobile, such as those in factories. Some chain hoists are powered by a generator, while others are powered by an air compressor. This means that the size of the hoist, as well as its cost, are determined by the weight and load required to lift the platform.

The final component of the lifeline of a mobile floor jib crane, which ensures reliability and operation cost effectively, is the lifeline motor. Each lifeline motor consists of a counterweight, which act as an energy storage unit, and an aerial motor, which ensure a continuous connection between the counterweight and the chain hoist. As the name suggests, the lifeline motor ensures that the device is kept stable at all times, preventing it from tipping over or out of position due to vibration, and it is powered by an electric motor. Lifeline motors are highly efficient and are often used in conjunction with counterweights for increased reliability. This ensures that the lifting performance and reliability of these cranes are not affected by imperfections in the lifting method.

The various components of a Mobile JIB crane allow the manufacturer to manufacture reliable and highly cost-effective cranes, which are widely used by industries around the world. They can be easily transported from one place to another due to their lightweight and compact nature and are capable of lifting a large number of objects. In addition, they feature strong and durable materials, ensuring that they are able to withstand the harshest conditions. Most importantly, they feature smooth and automatic operation, and therefore, are capable of performing their tasks with great efficiency and effectiveness.

[unique-live]

Usha Martin Establishes Themselves As a Global Player Under Rajeev Jhawar’s Leadership

Rajeev Jhawar's Usha Martin is a multi-unit and multi-product organization in the wire rope business. Usha Martin is one of the world’s leading manufacturers of wire rope. Their wire rope manufacturing facilities are located in Ranchi, Hoshiarpur, Dubai, Bangkok and UK. Usha Martin produces one of the widest ranges of wire ropes in the world.

Usha Martin is one of the world’s leading manufacturers of wire rope. Long standing application of Usha Martin’s products in diverse sectors like Oil & Offshore, Mining, Crane, Elevator, Infrastructure etc. is the testimony of the company’s expertise in manufacturing high quality wire rope products. As a business entity, Usha Martin Limited have always focused on delivering value added products and services. To ensure that our commitment to quality percolates through every sphere of our operations, the company has built a robust network of capabilities spread across the globe. The distribution centers of Usha Martin are located in the United Kingdom, North America, South America, The Netherlands, Australia, Russia, Singapore, South Africa, Indonesia, Vietnam, China, Kazakhstan, Iran etc.

Rajeev Jhawar, the son of Brij Jhawar, is the managing director of Usha Martin Limited. Rajeev Jhawar is the backbone of Usha Martin Limited. He has stood with the company through its thick and thin times and turned around the company back to the track of success. The strategic move of Usha Martin and its Managing Director, Rajeev Jhawar to sell off their steel business to Tata Steel had enabled them to significantly deleverage the balance sheet and focus on the firm’s core competencies. This has already started yielding results and has placed them in a position of strength.

Usha Martin Limited, under the management of Rajeev Jhawar is all ready for expansion. “We are in the process of expanding our capacities for rope production, focusing on high-end ropes, specialised wires and also LRPC. We have capital expenditure planned to the tune of approximately Rs.285 Crore and expect to complete our expansion programme over the next 12-15 months”, Rajeev Jhawar said. Under the dedicated leadership of Rajeev Jhawar Usha Martin have been able to establish themselves as a global player and currently have presence in more than 50 countries.

Usha Martin Limited also has an enviable track record in manufacturing & supply of pre-stressing machines and accessories, backed by expert installation teams for Pre-stressing job. The facility in Ranchi also has an additional set-up for manufacturing high quality conveyor cords. The group’s cable business unit, UM Cables Ltd., at Silvassa in India, manufactures Optical Fibre Cables, Copper cables, FRP rods etc. of the highest quality. For a few specific products, Usha Martin works in collaboration with globally renowned companies like Joh Pengg of Austria and TESAC wire rope of Japan.

[venuscrane]

Overhead Crane- HOT Crane Manufactures-

There are many advantages of using a HOT crane. It is capable of shifting massive materials and allows for easy access in all directions. It is a durable and highly functional machine that uses high-grade materials to ensure long-term performance. In addition to these benefits, Hot Cranes are made using advanced production techniques to ensure hassle-free operations. Read on to learn more. We've got the scoop on these types of cranes.

HOT cranes are known for their durability and elasticity. They can lift five tons of load with ease. They can be operated by one person from the ground without the need for assistance. It is important to find the right one for your needs. You can get the right crane for your job by researching the many manufacturers in your area. HOT crane manufacturers offer various models, including those designed for special environments. The company can also supply you with high-quality raw materials that are ideally suited for your project.

When choosing a hot crane manufactures, make sure you know exactly what you're looking for and how much you need it to lift. While some manufacturers offer a variety of models and sizes, you should also read the terms and conditions to ensure you get the best crane. Make sure the machine meets your needs, is affordable, and will be delivered on time. You'll be glad you made this purchase. So, don't hesitate and check out the websites of the leading crane manufacturers today!

The company manufactures overhead traveling cranes, HB systems, jib cranes, and more. Their annual revenue is around $185 million. They even offer an overhead crane ebook. In addition to crane manufacturing, they distribute materials handling equipment, machining equipment, and ergonomic lifting products. A good example of this type of crane is the ABUS Kransysteme GmbH, which employs 4,000 people in Germany.

Other companies that manufacture HOT cranes include KITO Corporation, a Connecticut-based company with over 11,729 employees and $4 billion in annual revenue. Both companies offer overhead cranes, jib cranes, and electric wire rope hoists, along with other products and services. Besides offering a wide range of cranes, KITO also offers custom cranes and high-speed chain hoists. Cranes has branches all over Australia and offers a variety of products such as jib cranes, electric wire rope hoists, and chain hoists.

In addition to these benefits, EOT cranes are also affordable and easy to use. EOT cranes have two basic configurations: Single Beam and Double Beam. Both of these designs feature twin girders, which can be adjusted according to the load. The two versions are available in different heights and capacities. This allows you to choose which one fits best for your needs. So, you can choose the one that best meets your specific needs and budget.

The company makes overhead cranes, jib cranes, and electric wire rope hoists. In addition to these products, Harriman Material Handling also offers regular maintenance programs and system inspections.

Over head crane manufacturers and processing operations. They ride on steel wheels and consist of four main parts. Overhead cranes are the best choice for heavy materials in manufacturing and processing. Overhead cranes can be configured to suit specific applications, ensuring maximum efficiency. They can help flipping dyes or transferring materials. In addition, they can help lift heavy loads with ease. They are also cost-efficient compared to forklifts.

Double Girder Cranes are used in situations where heavy loads and long spans are required. Double girder cranes consist of two torsion-free box girders on either side of a single beam. The platform is either partially or fully extended along the width of the girder. They can also be electric or hydraulic, and are often equipped with an additional motor for power. Once installed, a double girder crane can be an efficient tool in lifting heavy loads.

Hoists are useful in many industries. The food and pharmaceutical industries often need hoists for lighting stuff. Some hoists can lift as much as 300 tonnes. A mobile crane, on the other hand, can be used for smaller heaps. Some manufacturers even have specialized mobile cranes for smaller heaps. If you're looking for a crane, you should consider leasing one for practical purposes. You'll pay more for maintenance and repairs than if you bought one.

[bharatwireropes]

Leading Wire Ropes manufacturers in INDIA, USA, MEXICO, INDIA, South Africa, Australia, Canada, Russia, Netherlands

Bharat Wire Ropes takes pride in being known as one of the largest manufacturers of Steel Wire rope in India and across the globe.

[livewellnews]

Rajeev Jhawar Usha Martin -‘Wire Ropes have a Solid Demand in International Market’

Rajeev Jhawar, the son of Brij Jhawar, is the managing director of Usha Martin Limited since May 19, 2018. Established in the year 1960, Usha Martin is a multi-unit and multi-product organization in the wire rope business. Usha Martin is one of the world’s leading manufacturers of wire rope. Their wire rope manufacturing facilities are located in Ranchi, Hoshiarpur, Dubai, Bangkok and UK. Usha Martin produces one of the widest ranges of wire ropes in the world. According to Rajeev Jhawar, the various measures announced by the Central government to boost the economy are likely to start yielding results post-monsoon of 2020.

Wire rope manufacturer Usha Martin Ltd (UML) expects that the domestic demand for their products, particularly in the construction and auto sectors will start picking up after the monsoon season. “The various measures announced by the Central government to boost the economy are likely to start yielding results post-monsoon”, Rajeev Jhawar, Managing Director of Usha Martin Limited said.

The economy was badly struck by the pandemic and the subsequent lockdown. But the stimulus package by the government and the lifting of restrictions post lockdown showed signs of fresh growth. There should be a pick-up in demand during the festival season post-September-October, by which time they hope that the Covid situation would also be brought slightly under control. “While the demand for wire rope has been “fairly decent” in international markets, the domestic demand across various sectors has been very low due to the lockdown in the wake of the Covid-19 pandemic”, Rajeev Jhawar added.

UML’s wire rope business manufactures wire, strands, LRPC and wire ropes, which cater to various industries, including steel, infrastructure, construction and auto.  The demand for wire rope was reduced by the reverse migration of labourers particularly in the western and northern regions of the country which had affected industries such as construction. The demand from the construction, auto and oil sectors is down, says Rajeev Jhawar Usha Martin. Their plant has therefore reduced its manufacturing quantity and is currently operating at 50-55 per cent of the installed capacity. The export demand is, however, good and the rupee depreciation is supporting Usha Martin Limited.

Once the Covid situation is brought under control and the domestic demand picks up, the company hopes that they can ramp up the capacities of the plant, which they expect to happen by the second half of this fiscal year. Usha Martin Limited has a manufacturing capacity of around 2,30,000 tonnes per annum across its two facilities in India — at Ranchi and Hoshiarpur and three overseas units in the UK, Thailand and Dubai. “The demand for wire rope has been ‘fairly decent’, if not strong, from markets such as Europe, the US, South America, Australia and South-East Asia”, Rajeev Jhawar said quoting the export business of the company.

[daily-media]

According to Rajeev Jhawar , "The Various Measures Announced by the Central Government to Boost the Economy are likely to Start Yielding Results Post Monsoon"

Wire rope manufacturer Usha Martin Ltd (UML) is expecting domestic demand, particularly in construction and auto sectors, to start picking up post monsoon. According to Rajeev Jhawar, Managing Director of Usha Martin, the various measures announced by the Central government to boost the economy are likely to start yielding results post monsoon. “We expect post monsoon things should be better. There should be a pick-up in demand during the festival season post September-October, by which time we hope that the Covid situation would also be brought slightly under control”, MD Rajeev Jhawar said.

While the demand for wire rope has been “fairly decent” in international markets, the domestic demand across various sectors has been very low due to the lockdown in the wake of the Covid-19 pandemic. But in the previous financial year, demand has started to pick up and the top-line growth of Usha Martin is evidence for this. The reverse migration of laborers had affected industries such as construction, particularly in the western and northern regions of the country. This also has had an impact on the demand for wire rope.

Usha Martin Limited’s wire rope business manufactures wire, strands, LRPC and wire ropes, which cater to various industries, including steel, infrastructure, construction and auto. “The demand from construction, auto and oil sectors is down. Our plant is currently operating at 50-55 per cent of the installed capacity. The export demand is, however, good and the rupee depreciation is supporting us”, Rajeev Jhawar quoted on the demand of UML’s products.

UML has a manufacturing capacity of around 2,30,000 tonnes per annum across its two facilities in India — at Ranchi (Jharkhand) and Hoshiarpur (Punjab) — and three overseas units in the UK, Thailand and Dubai. The company is hopeful of ramping up capacities by the second half of this fiscal once the covid situation is brought under control and the domestic demand starts picking up. Talking about exports, Rajeev Jhawar Usha Martin said that the demand for wire rope has been “fairly decent”, if not strong, from markets such as Europe, the US, South America, Australia and South-East Asia.

Exports account for close to 40 per cent of the company’s consolidated turnover, which stood at around ₹2,154 crore for the year ended March 31, 2020. Usha Martin, which sold its one-million-tonne integrated steel plant at Jamshedpur to Tata Steel for ₹4,200-4,600 crore, completed the first full year of operations of its wire rope business in FY20.

[gazetteweekly]

Usha Martin’s steel plant, set up in 1971 near Jamshedpur-Rajeev Jhawar

Rajeev Jhawar Usha Martin Limited signed a technical assistance agreement with Aichi Steel Corporation (ASC), leading specialty steel and forging company of Japan. With technical assistance from Aichi Steel, Usha Martin aims to achieve operational excellence and enhance quality level of its steel products to the best in the class.

Usha Martin’s steel plant, set up in 1971 near Jamshedpur, is a vertically integrated plant with major raw materials coming from its captive coal mines and iron ore mines. “By joining hands with Aichi Steel, Usha Martin aims to improve its production efficiencies and utilize its facilities to produce higher value steel products. In addition, support from Aichi Steel, a Toyota group company, will help Usha Martin to have a larger presence in passenger vehicle market.” Rajeev Jhawar, Managing Director of Usha Martin said.

Usha Martin is amongst the world’s leading wire-rope companies and a leading specialty steel producer in India in long products segment. The capacity of its specialty steel plant has been recently expanded. In FY 2012-13, the steel production was 0.6 million tons, an increase of 14% compared to last year.

Rajeev Jhawar said, “Aichi Steel is globally known for its unwavering commitment to quality. Partnership with Aichi Steel will help Usha Martin to further enhance its quality levels.” Aichi Steel has specialty steel, stainless steel, forgings and electromagnetic products as its main products.

Established in 1940, ASC’s steel plant at Chita, Japan has state-of-the-art steel making, rolling and inspection facilities. It is one of the largest producers in Japan for straight length specialty steel products. In FY 2012-13, ASC’s production of specialty steel and forgings was 1.2 million tons. Aichi Steel has significant international presence in business of forged products.

Business Locations:

With head office in Tokai City, Aichi Prefecture, Japan Aichi Steel Corporation has nine subsidiaries in Japan and 9 overseas subsidiaries.

Japanese Subsidiaries :

• Aiko Corporation

• Aichi Ceratec Corporation

• Omi Mining Co., Ltd

• Aichi Techno Metal Fukaumi Company

• Aichi Steel Logistics Co., Ltd

• Aichi information System Company

• Aiko Service Co., Ltd

• Aichi Micro Intelligent Corporation

• Asdex Corporation

Overseas Subsidiaries:

• Aichi Forge USA, Inc.

• Aichi Forging Company of Asia, Inc.

• Shanghai Aichi Forging Co., Ltd.

• Aichi International (Thailand) Co., Ltd.

• P.T. Aichi Forging Indonesia

• Aichi Europe GmbH

• Aichi Magfine Czech s.r.o

• AMIT Inc.

• AICHI Korea Corporation

Usha Martin headquartered in Kolkata, one of the largest wire rope manufacturers globally, has its steel plant in Jamshedpur; iron ore mine in Barajamda; coal mine in Daltonganj; wire/wire rope plants in Ranchi & Hoshiarpur in India Thailand, UK & Dubai; bright bar plant in Ranchi & Chennai and distribution & marketing network in United States, Europe, Middle East, South East Asia, Australia and China.

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Rajeev Jhawar and his team at Usha Martin is constantly striving to enhance manufacturing efficiencies and quality

Rajeev Jhawar is the Managing Director of Usha Martin Limited. He has been the Vice Chairman of Usha Martin Education and Solutions Limited since September 2010. Rajeev Jhawar is also a director of Neutral Publishing House Limited. Established in 1960, Usha Martin was one of the leading steel producers and wire rope manufacturers in the country for a long time.

Established in 1960, Usha Martin was one of the leading steel producers and wire rope manufacturers in the country for a long time. The company underwent the incorporation process in the year 1986 under the name Usha Beltron Ltd. Wire rope manufacturer Usha Martin Ltd is driven by the aspiration to consistently grow their global scale and scope. Their focus and proactive investments and measures have enabled them to emerge as one of the most trusted companies in the field.

Rajeev Jhawar, MD of Usha Martin Limited focus on solidifying the leadership position of the company through the delivery of industry-leading quality products across our state-of-the-art manufacturing facilities. He also makes sure to leverage the capabilities of the R&D facilities of the company in Italy and India. Rajeev Jhawar and his team at Usha Martin is constantly striving to enhance manufacturing efficiencies and quality of their products.

To closely cater to the customers in other continents, Usha Martin has a wide network of offices in USA, Europe, UAE, South East Asia and Australia. They continue to engage with the customers to deepen relationships with them and build the brand recall and respect of the company. Rajeev Jhawar endeavours that the company have a close relationship with the customers to have a better understanding of their requirements.

Rajeev Jhawar also points out that 60% of their revenues are going in terms of EBITDA. The steel cycle has improved and over the last 2 quarters, the company has had a turnaround. It has been able to improve its bottom line both in the steel and wire rope business. Rajeev, Jhawar thought that it would be a good opportunity to sell the steel business at these levels so that they can get a better valuation. The wire rope will have a very strong residual company with a very strong balance sheet with an annual profit between 250 to 300 crores on a consolidated basis.

Rajeev Jhawar wishes a growth of at least 15 to 20% per year. It took them a year to build up the capacities in these areas. Now he is sure, that it is continuing in an ongoing basis. They can expand and grow at this rate over the next few years. Usha Martin, at large, will invest in the domestic market. It is also expecting a decent profitability growth in the following three years.

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Rajeev Jhawar’s Usha Martin focuses primarily on their core business of wire ropes manufacturing after hiving off its steel division

Usha Martin Limited expects to gain momentum in their international business as most countries where they are present have returned to near normalcy. Talking about exports, Rajeev Jhawar said the demand for wire rope has been ‘fairly decent’, if not strong, from markets such as Europe, the US, South America, Australia and South-East Asia. Exports account for close to 40 per cent of the company’s consolidated turnover, which stood at around ₹2,154 crore for the year ended March 31, 2020.

Usha Martin, which sold its one-million-tonne integrated steel plant at Jamshedpur to Tata Steel for ₹4,200–4,600 crore, completed the first full year of operations of its wire rope business in FY20. Through the strategic move of selling UML’s steel division to Tata Steel, Rajeev Jhawar Usha Martin helped the company in enabling them to significantly de-leverage their balance sheet and free up critical cash pool, which they could invest in their profitable and sustainable wire rope business. The result of such divestment resulted in enhanced fiscal stability and allowed Usha Martin to focus primarily on their core business.

Usha Martin, under the guidance of Rajeev Jhawar have been able to solidify their leadership position through the delivery of industry-leading quality products across our state-of-the-art manufacturing facilities. “Through leveraging the capabilities of our R&D facilities in Italy and India, we are constantly striving to enhance manufacturing efficiencies and quality of our products”, Rajeev Jhawar says. The company always strives to improve the quality of their products to enhance value for customers. Leveraging the capabilities of R&D facilities in Italy and India and modifying the designs of their products based on geographies and needs of the customers are carried out. Rajeev Jhawar also ensures that the company work closely with their R&D centres to enhance daily manufacturing efficiencies.

Usha Martin has a manufacturing capacity of around 230,000 tonnes per annum across its two facilities in India — at Ranchi (Jharkhand) and Hoshiarpur (Punjab) — and three overseas units in the UK, Thailand and Dubai. UML’s previous steel business had a producing iron-ore mine, a coal mine under development and captive power plants. Enrichment of product mix will continue to be a key value driver for Usha Martin Limited, by gradually reducing dependence on low-contributory items and increasing focus on value-added products. According to Rajeev Jhawar, the company will take concerted effort on maintaining fiscal solidity with focused capital expenditure. Usha Martin is planning to continue to place greater emphasis on implementing digitalization across the organization.