H&K registers all-time high record of 67 project orders in single year
H&K (India) closed the calendar year 2021 with an order book of 67 project orders, logging an impressive increase of 49% versus the previous year and an all-time high four-year record of 201 orders.
Since 2018 the H&K team has been recording a strong year-on-year growth that includes 34 project orders in 2018; 55 in 2019; 45 in COVID-year 2020 and 67 in 2021, culminating into a grand score of 201. According to the company, the accolade-worthy performance of 67 project orders smashes all known records in the steel fraternity since the introduction of Quenching & Self-tempering (QST) technology in India in the early 1990s. It includes 8 orders from debut markets, 29 repeat client orders, 19 orders for replacing other quenching systems, and 11 others.
The Group’s flagship Thermex QST system and its more recent offering – Tegum – enjoy widespread popularity as both systems can:
- Quench rebars from 6mm to 45mm
- Operate at speeds in excess of 40m/s
- Achieve grades as high as Fe700 as per IS:1786-2008
- Satisfy all popular international codes
- Offer 1-strand, 2-strand, 3-strand, 4-strand, 5-strand, 6-strand configurations.
Lending credence to these well-established capabilities of Thermex and Tegum, the H&K team picked up 12 projects of over-25m/s rolling speed; 30 projects of over-Fe600 grade systems; and 5 multi-strand system orders in 2021, signalling a visible shift of rolling mills towards high-speed/high-grade/multi-
Mr. Markan added, “The company has grown above its pre-COVID crisis levels, demonstrating its ability to capture demand in the debut markets of North America, Middle East, Africa, and in upgradation plus other system replacement business. Entering 2022, H&K will continue its march towards new territories and speed up its R&D efforts for enhancing the efficiency of its system inserts.”