Recycling of Raw Material Processing & Trading Company
Amman Steel Corporation is promoted by Mr. SP. Muthuramalingam, in existence since 1978. ASC is the step stone and backbone of Amman Group. The activity of the ASC is to supply various kinds of steel scrap to steel making units and foundries. ASC has been importing steel scrap from various countries and procuring local scrap which is internally generated by steel companies, engineering industries and public sector units like Railways, BHEL, Neyveli Lignite Corporation.
The Group’s first manufacturing facilities were setup in 1999 for the manufacture of M.S. Bars & Rods out of M.S. Billets.The company is engaged in the business of manufacturing of Bars and Rods of various sizes and specifications according to the needs of the customers.The company currently has rolling capacity of 36000 ton/year (on double shift basis).
SASAI involved in the production process of reinforcement of Thermo Mechanically Treated/ CRS Bars of Sizes 8mm, 10mm, 12mm, 16mm, 20mm, 25mm.
Amman-TRY brand has been recognized for the best quality and its product commanded a sizable premium on the market. As SASAI was not able to meet the full demand, Mr. M. Somasundaram had decided to double the existing supply and increase the Amman-TRY share in the market and started another Rolling mill at Trichy in 2006. The Plant ranks among India’s top 25 heavy and advance rolling facilities. The new Rolling Mill unit is spread over 10 acres of free hold land with first class construction of factory building with adequate infrastructure facilities. Amman-TRY Steels (P) LTD also involved in the production of reinforcement of Thermo Mechanically Treated/ CRS Bars are covered by BIS – Fe 415 & 500 Grade.
The increasing trends in the prices of steel and its short supply lead the steel technologists to find a suitable charge mix in the form of sponge iron. Sponge iron is better substitute for scrap for steelmaking through induction furnaces due to homogenous nature and improved productivity. This is the trend towards backward integration into steel making by re-rollers. Hence Mr. M. Somasundaram proposes to encash his immense goodwill, standing reputation and extension network of contacts commanded by Amman Steel Group. Accordingly he has invested 100 crores in two phases to set up a new sponge Iron and Power Plant nearer to Iron ore mines at Nayudupeta, Nellore Dt. Andhra Pradesh. The new company has started under the name of Amman-TRY Sponge and Power (P) Ltd. The proposed Sponge Iron unit is spread over 100 acres of land with first class construction of factory building with adequate infrastructure facilities like power, transport and communication facilities in the year 2011.
Venturing Solar power project, trading of steel products and other projects and adventuring in advisory management consultancy including overseas ventures.