RSTL (Rama Steel Tubes), one of India's leading steel pipe producers, has signed a strategic Memorandum of Understanding (MoU) with JSW Steel. According to the MoU, Rama Steel Tubes (RSTL) will purchase hot rolled coil (HRC) from JSW Steel for the production of steel pipes and tubes, with a supply volume of 100,000 tons.
In addition, RSTL will send HRC from JSW Steel to the western region of the country.
Rama Steel Tubes (RSTL) explained that the agreement enables the company to better manage its supply chain and regulate the cost of raw materials.
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