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Our Bureau

Mumbai , June 22

INDIAN Steel Corporation Ltd (ISCL), part of the Ruchi group, has started the trial run of its cold-rolling mill.

ISCL, situated in Gandhi Dham in Kutchch district of Gujarat, has been set up with an investment of Rs 580 crore.

ISCL proposes to ride on the auto and construction boom in India.

"However, in the unlikely event of a slump in the domestic market, we are positioned well, being close to port, to export our products competitively across the globe," a press release said, quoting Mr Arjun Zalani, Executive Director, ISCL.

With this commissioning, the Ruchi group will add a fresh capacity of half-a-million tonnes to its processing capacity.

The plant will produce cold-rolled, galvanised and galvalum products.

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