Laxmi Steels Pvt Ltd, a subsidiary of the renowned Saurabh group of Industries, has today announced the launch of‘Laxmi Steel’.

Laxmi steel is a Thermex TMT made from pure prime billets imported from the internationally acclaimed SAIL and TATA companies. Manufactured by high technology thermex procedure, this product promises extreme flexibility, strength and durability. Normal steel contains scrap that causes it to looseits strength, resulting in rusting and corrosion.

Normal steel may loose its strength during twisting and bending in the construction process. As per the company spokesperson, Laxmi steel, unlike normal steel, contains no scrap, which lends it strength, flexibility and durability than normal steel.

This TMT bar goes through a rigorous quenching and trenching process that gives it more litheness, thus offering higher resistance against any kind of corrosion or breakage.

“It has special features like higher rust resistance, fire resistance, earthquake resistance, special rib design for better bonding and better wielding capacity,” claims the company.

Laxmi Steel recently started operations from its factory based in Nawalparasi. The company boasts of a strong marketing network that will soon make Laxmi steel available in all major cities throughout Nepal.

According to engineer Bishnu Neupane, the managing director of Laxmi Steels Pvt Ltd, the company aims to contribute substantially to the Nepali construction sector by making available high quality steel bar and maintaining quality consistency, quality in service and easy availability of its products.

source:Himalayan News Service (2010),"Laxmi brings in quality steel",The Himalayan Times,21 July 2010