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Home » RCMME » Construction Equipment » Rising steel prices remains to be a major concern

Rising steel prices remains to be a major concern

By | October 29, 2021 11:12 am SHARE

Rising steel prices remains to be a major concern
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Rajamurthy M.R, in an interview with B2B Purchase, discuss the demand trends for TMT bars in construction and infrastructure sector. He further elaborates on the available diverse tools being offered to meet the industrial requirements.

INNOMAC’S world class equipment is most preferred; discuss the demand trends for TMT bars in construction and infrastructure sector, He further elaborates on the available diverse tools being offered to meet the industrial requirements.

How do you evaluate the demand for Steel TMT Bars in India’s construction segment?

The Steel Bar, especially the construction segments use TMT Bars are in most demand due to regime of normal construction and infrastructure activities all over India. Of course, the steep increase of steel price is a concern. Though there are various steels sections and bars available and uses for construction activities, the most widely used are TMT Rebars. These are manufactured by all major steel industries across India.

What kind of products and services does INNOMAC Provide to the meet the steel requirements of construction sector?

INNOMAC is India’s premium Bar Cutting and Bar Bending Machines manufacturer. We have latest technologies like helical gears drive, complete body enclosure, integrated tools box, hour meter, electrical protection for site power fluctuations, phase reversal and high current drawn and etc in Bar Cutting Machines. Similarly, the four numbers of preset angles, hour meter, document tray, planetary gear box, hard chrome plated pins and bushes are from Bar Bending Machines. That is how, these international standard features made attractive along with the reliability in our machines to sales across Pan India sites and with major Customers like, M/s L&T Ltd, M/s Shapoorji & Pallonji Ltd, M/s Tata Projects, M/s Ahluwalia Construction, M/s Shoba Developers, M/s NCC Ltd and many more.

How are the current pricing trends impacting the consumer behavior? How do you deal with such situation?

Today customers have diverse and wider options in selecting their machinery requirements. They prefer to have INNOMAC machines as these world class Equipment’s are available at affordable pricing with highest return on their investment. It is also their choice, we are a PAN India company and our customers get the immediate product support after sales, all over India with our dedicated, qualified and experienced technical service engineers.

What is your key offering to this segment?

We, at INNOMAC, have wide range of products in rebar processing, materials, lifting and building maintenance equipment segment.

Our other products include, Bar Cutting Machines, Bar Bending Machines, Rope Suspended Platforms, Lift Shaft Platforms, Materials Mini Lifts/Monkey Hoists, Scaffolding Lifting Hoists, Column/Slab Mounted Jib Hoists, Revealable Concrete Mixer and Multifunctional Materials Hoists.

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