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  SBQ Steels Ltd

A new company formed to implement a 0.5 Million Ton Integrated Steel plant in Nellore District of Andhra Pradesh. Land has been acquired and it is projected that Phase-1 of the project will be completed by Sept 2008. Phase-2 will be completed by Sept 2009. It will be one of the lowest cost produers of Alloy Steel required by the Automotive Industry and would not only meet the requirements of the auto ancillaries in an around Chennai city but would be ideally placed to export the steel to users in Europe and North American continents.