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Tata BlueScope Steel inaugurates its first Steel Building Manufacturing facility in Pune

Jamshedpur, August 07, 2006

Tata BlueScope Steel Limited, a 50:50 joint venture between India’s Tata Steel and Australia’s BlueScope Steel Limited today inaugurated its first rollforming and pre-engineered building facility near the IT Park at Hinjewadi, Pune. The company also unveiled its new corporate identity, which will lead brand development in the fast emerging Indian construction market. The new facility will manufacture, design and supply of a range of BUTLER™ pre-engineered buildings and LYSAGHT™ steel building solutions.

Mr B Muthuraman, Managing Director, Tata Steel said, “This facility reaffirms our commitment that Tata BlueScope Steel will create value in the steel business. The building industry is experiencing rapid growth and it is a great opportunity to showcase our range of product and solutions to the construction industry. In doing so, this boosts the consumption of steel in this region”.

Speaking at the inauguration ceremony, Ms Kathryn Fagg, Chairman of Tata BlueScope Steel and BlueScope Steel’s President Asia, said: “This is the first demonstration of the powerful partnership between, BlueScope Steel and Tata Steel and we are proud to be part of this. This state-of-the-art manufacturing facility incorporates a leading edge building design centre and will offer premium quality branded steel products to the building and construction markets of India and South Asia”.

Mr Chetan Tolia, Managing Director, Tata BlueScope Steel Limited said, “This is the first manufacturing facility of Tata BlueScope Steel. This state-of-the-art facility will manufacture beams, columns, purlins, and other roofing and wall cladding components for Pre-Engineered Metal Buildings and other Building Solutions. This facility will house a design centre with a fully staffed engineering team that will create new concepts, products and applications of steel in buildings. This facility is capable of product testing in order to assure quality and demonstrate features to customers”.

Mr Tolia further said, ”This is a memorable day as we have inaugurated our first facility and also formally unveiled our new corporate identity. The new logo depicts the strength of two companies resulting in one powerful outcome. The forward moving waves resemble the driving force of Tata BlueScope Steel and its ability to take on new challenges”.

About Tata BlueScope Steel

Tata BlueScope Steel Limited is a 50:50 joint venture between Tata Steel Limited and BlueScope Steel Limited. The company will have three rollforming and pre-engineered building facilities in India. The operation in Pune will serve the burgeoning Western region, while the Sriperumbudur (Chennai – under construction) and Bhiwadi (Rajasthan – under construction) operations, will serve India's growth territories in the South and North respectively.

Apart from the three facilities, the company is constructing a state-of-the-art metallic coating and painting facility at Jamshedpur, in the state of Jharkand, eastern India. The new facility will have an annual metallic coating capacity of 250,000 tonnes and paint line capacity of 150,000 tonnes.

Tata BlueScope Steel Limited will offer a comprehensive range of branded steel products for building and construction applications, including the premium ZINCALUME® metallic coated and COLORBOND® painted steels, LYSAGHT™ range of steel building solutions and BUTLER™ pre-engineered metal building systems.

Tata BlueScope Steel will focus on developing new markets and applications for coated steels in the fast-growing construction markets of India and other South Asian countries.

Tata BlueScope Steel will operate in greater South Asian Association for Regional Co-operation (SAARC) which encompasses India, Sri Lanka, Pakistan, Bangladesh, Nepal, Bhutan and the Maldives.

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