| Steel Manufacturing | Manufacture and sale of steel rolled products from multiple rolling mills and forging units. | Established manufacturing facilities with integrated forging and casting; regional presence and customer relationships. | B2B customers including construction firms and manufacturers demanding steel components. | Forging units and specialized casting products yield higher margins. | 10 | 86 | Sales revenue from steel product deliveries to industrial clients. | Direct sales based on market steel price fluctuations and contract terms. | Capacity increase, modernization, and growing industrial demand driving segment expansion. | |
| Others | Provision of job work services and ancillary business activities. | Strong technical expertise and reputation in steel processing services. | Industrial clients requiring specialized fabrication and job work support services. | Job work and specialized processing segments offer better profitability. | 1 | 14 | Service fees and income from non-core business operations. | Fee-for-service with contractual agreements. | Increasing demand for ancillary steel processing services supports growth. | |
