ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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SUNDARAM-CLAYTON-New Subsidiaries

MUKAND IRON AND STEEL Rising Cost of Inputs MUKAND IRON AND STEEL WORKS has implemented the first phase of moder- nisation-cum-expansion programme of steel making capacity with the commissioning of the UHP (ultra high power) furnace. The rapid melting and energy saving technology used in this furnace is expected to make steel making more cost- effective and help the company achieve a quantum leap in the area of high quality special and alloy steel. The second phase of the programme is expected to be completed in the new two years. Total output of the steel plant during 1986-87 was higher at 2,02,174 tonnes as against 1,84.871 tonnes in the previous year. The company has emerged as the largest producer of stainless steel in the country with an output of 30,860 tonnes against 25,650 tonnes previously. Production of steel castings was 13,688 tonnes against 8,431 tonnes. It could have been higher but for a lean period in April and May last on account of interruption in the flow of orders from Indian railways. The company supplied 4,037 Casnub bogies and 8,460 centre buffer couplers to the railways and 206 Amsted bogies to wagon builders including 34 bogies for export to Uganda. Sales value of the machine building division's production was Rs 21.6 crore against Rs 22 crore previously. Value of contracts executed was lower at Rs 1.6 crore against Rs 2.3 crore due to delay in releases of orders and work-fronts by clients. But the division has secured orders worth Rs 6.6 crore including a prestigious order of Rs 4 crore from the Kakrapara Atomic Power project.

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