{"id":179482,"date":"2016-01-06T09:00:28","date_gmt":"2016-01-06T09:00:28","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=179482"},"modified":"2016-01-06T09:00:28","modified_gmt":"2016-01-06T09:00:28","slug":"local-steel-manufacturer-western-steel-restructures-to-boost-production","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2016\/01\/local-steel-manufacturer-western-steel-restructures-to-boost-production\/","title":{"rendered":"Local steel manufacturer Western Steel restructures to boost production"},"content":{"rendered":"

Ghana\u2019s first indigenous steel manufacturer, Western Steel and Forging Limited, is undertaking what managers call a historic restructuring.<\/p>\n

The company says a new strategic vision being rolled out means that it has to transform and modernize its operations in order to stay ahead of competition.<\/p>\n

General Manager, Operations and Projects, Mr. Bhupen Achavya, says the entire operations of the company are being overhauled to meet international standards and changing trends.<\/p>\n

Various heavy machines have been shipped into the country and are being installed as part of steps to achieve the new vision.<\/p>\n

\"Western<\/a><\/p>\n

Some of those machines, he said, are the Continuous Casting Machines (CCMs).<\/p>\n

\u201cThis is a fast-production machine which will speed up production and cut cost of production significantly,\u201d he stated.<\/p>\n

Civil platforms are being cast for these massive pieces of equipment in the company\u2019s Tema premises.<\/p>\n

According to the management of Western Steel and Forging Limited, procuring and installing such expensive but efficient equipment, is necessary to increase productivity, improve efficiency and more importantly, expand the space to employ more people.<\/p>\n

Available figures indicate that at least 10,000 tonnes of iron rods are consumed locally every month.<\/p>\n

This means the country spends huge sums on the essential building material.<\/p>\n

The General Manger expressed regret that a large chunk of the supplies is imported into the country with foreign exchange, further burdening the local currency, the Cedi.<\/p>\n

He said it is the aspiration of Western Steel beginning from February 2016, to produce sufficient quantities and reduce the motivation to spend hard-earned foreign exchange on importing iron rods.<\/p>\n

Additionally, he says the company is also working on modernizing its forging units by adding new machines.<\/p>\n

\u201cWith our expansion programme, Western Steel will become the best plant in Ghana,\u201d he said.
\nHe said since 1993 when the company was founded, Western Steel\u2019s core business has been the production of forge balls for the mining industry.<\/p>\n

\u201cIn 2016, beginning February, we will produce at a faster rate, wire rods, binding wire, nails, and many other steel products locally,\u201d he said.<\/p>\n

Mr. Achavya believes this will greatly benefit the local economy.
\n–
\nBy: Ebenezer Afanyi Dadzie\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"

Ghana\u2019s first indigenous steel manufacturer, Western Steel and Forging Limited, is undertaking what managers call a historic restructuring. The company says a new strategic vision being rolled out means that it has to transform and modernize its operations in order to stay ahead of competition. General Manager, Operations and Projects, Mr. Bhupen Achavya, says the […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,11],"tags":[],"yoast_head":"\nLocal steel manufacturer Western Steel restructures to boost production - Citi 97.3 FM - Relevant Radio. 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