Team H&K (India) broke all industry records by ending the calendar year 2021 with an order book of 67 project orders, a 49 percent increase over the previous year and an all-time high four-year record of 201 orders.

Since 2018, H&K has experienced excellent year-overyear growth, with 34 project orders in 2018, 55 in 2019, 45 in Covid-year 2020, and 67 in 2021, resulting in a grand score of 2011.

The accolade-worthy performance of 67 project orders smashes all known records in the steel fraternity since the introduction of quenching and self-tempering (QST) technology in India in the early 1990s. It includes 8 orders from debut markets, 29 repeat client orders, 19 orders for replacing other quenching systems, and 11 others.

Since 2018, Team H&K has been concentrating its efforts on reaching out to a growing number of rolling mill providers. The company was able to expand its reach in existing areas and target new territory after implementing this methodology. At the same time, the company’s ability to serve a rising consumer base was improved by its doubled manufacturing output, which was a result of its enlarged workshop facilities.

The Group’s flagship Thermex QST system and its more recent offering, Tegum, enjoy widespread popularity as both systems can:

• Quench rebars ranging in thickness from 6mm to 45mm
• Operate at speeds in excess of 40 m/s
• Achieve grades as high as Fe700 as per IS:1786-2008
• Satisfied all popular international codes
• We offer 1-strand, 2-strand, 3-strand, 4-strand, 5-strand, 6-strand

Lending credence to these well-established capabilities of Thermex and Tegum, the H&K team picked up 12 projects of over-25m/s rolling speed; 30 projects of overFe600 grade systems; and 5 multi-strand system orders in 2021, signalling a visible shift of rolling mills towards high-speed/high-grade/multi-strand rolling.

Company Chairman, Raj Kumar Markan, announced “The double century calls for a double celebration.” 

Robust demand for our Thermex and Tegum QST systems across all domestic and international markets, despite surging raw material prices and general Covid restrictions, is due in large part to my hard-working team and to the faith the steel industry has placed in us. I thank them all.”

Markan added, “The company has grown above its preCovid crisis levels, demonstrating its ability to capture demand in the debut markets of North America, the Middle East, and Africa, and in upgradation and other system replacement business.”

In 2022, H&K will continue to expand into new markets while stepping up its R&D efforts to improve the efficiency of its system inserts. 

“Despite rising raw material prices and overall COVID limits, robust demand for our Thermex and Tegum QST systems has been seen across all local and foreign markets.” Raj Kumar Markan, Chairman, H&K India.

For more information:

Radhika Markan

9821019019