CHENNAI: Suryadev Alloys and Power, a key player in the Indian steel industry and a leading player in Tamil Nadu, has launched Fe550D CRS TMT bars that offer anti-corrosion properties. The TMT bars are crafted from high-quality iron ore and are enhanced with a blend of copper, chromium, and nickel.
Corrosion poses a significant concern nationwide and is estimated to cost the Indian economy 3-4% of its GDP annually.
Research indicates that the rate of corrosion in coastal areas may be up to four times greater than in inland regions. Suryadev has been a part of infrastructure projects like the Chennai Metro Rail, Bengaluru-Chennai Expressway, Chennai Peripheral Ring Road.