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Uttam Galva Metallics signs MoA with POSCO

By Niranjan Mudholkar,

Added 22 December 2015

To deploy its proprietary FINEX and CEM technology at Wardha Unit; POSCO’s technologies will form its equity investment in UGML

Ankit Miglani of Uttam Galva said " I am glad to announce that we will be installing two new state-of-the art technologies and processes from POSCO at UGML's Wardha Unit which will not only create new benchmarks in the Indian steel industry but bring in manifold increase in efficiencies. This collaboration with POSCO will help create a new direct to customer interface by replacing several cold rolled products with HR thin gauge products. This also reiterates POSCO's continuing interest in investing in India and its commitment to be a long term partner with the Uttam Group".

"At Uttam we are committed to the success of the government‘s ‘Make In India' initiative. This association with POSCO will help us to create a world class integrated steel plant with state of the art technologies," Miglani added.
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