Nippon Steel Corporation said that its exports to India had increased in the past years. Taking to a group of visiting reporters Mr Y Arita of Nippon Steel Corporation said the company exported steel rails and sheets to India for manufacturing automobiles and electronic generators.
He said that “It would not be possible for me to precisely quantify the amount of increase in exports but there has been an increase.”
Nippon Steel provides heat-treated heavy rails to the Delhi Metro Rail Corporation. The deal was struck for supplying rails for the second phase of Delhi Metro which has just become operational.
The rails for the first phase that became operational in 2002 were provided by some European and Indian companies. The rails supplied by Nippon Steel do not wear down easily and hence do not require frequent replacement unlike the carbon rails in which wearing occurs faster.
Source : The Hindu