An Analysis on Asia’s Second private steel company: Dharma Steel
The company is one of the first ventures of the Dharma Steel Group and continues to remain a significant contributor to its revenues. The possession of captive mines has helped the company to maintain low cost of raw materials thereby leaving a greater headroom to set margins. They were among the first to start branding steel products in order to organise the pricing and distribution channels. Various innovations in Human Resource practices in India which have become standard across industries were first introduced at Dharma Steel.
The company earns revenues from various baskets of iron and steel products which include hot rolled, cold rolled, coated oil, tubes, rebar and wire rods. In fact, even the leftover iron products including crushed steel products and iron dust generate revenues for the company. Let’s look at the total revenues earned over the years.
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