Manaksia Coated Metals & Industries secures Rs 500 crore European orders

Manaksia Coated Metals & Industries secures Rs 500 crore European orders

Manaksia Coated Metals & Industries Ltd has strengthened its overseas pipeline with a series of new Memorandums of Understanding (MoUs) signed with select clients across Europe, collectively valued at about Rs 500 crore. Under these agreements, the company will supply up to 50,000 mt of pre-painted steel coils, Alu-Zinc coated coils and galvanized products over the coming year, giving a strong lift to its export-driven business model.

The development comes at a time when demand for premium coated steel solutions is rising in key European regions. By expanding commitments with established partners and adding new customers to its roster, the company is set to reinforce its standing as a dependable supplier in the international coated steel segment.

Exports already account for a major share of Manaksia Coated Metals & Industries’ topline—nearly 70 per cent of operational income in the first half of FY26—and the fresh agreements are expected to further accelerate this momentum. A more predictable order flow from global markets also supports the company’s ambition to be a consistent contributor to India’s export basket for coated steel.

To sustain this growth curve, the company is upgrading its manufacturing ecosystem. Current capacity of 180,000 MT is being expanded to 236,000 MT with the installation of advanced Alu-Zinc technology and a new Color Coating Line. These additions will not only enhance value-added output but also widen the product mix for international customers.

Manaksia Coated Metals & Industries is also investing in energy efficiency through a 7.0 MWp renewable energy project, supported by improved credit ratings from Acuité. Together, these initiatives position the company for a broader global footprint, stronger operational performance and a more competitive presence in the international coated metals market.

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