Lloyds Metals & Energy Limited (512455) - Company Capsule
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Lloyds Metals & Energy Limited (LMEL), formerly Lloyds Metals & Engineers Limited, a subsidiary of Lloyds Groups, is a manufacturer and distributor of direct reduced iron products. The company's products include sponge iron products, hot rolled products, cold rolled products, galvanized iron products, engineering products, and iron ore products. It uses basic raw material inputs that include non-coking coal, iron ore, and dolomite limestone for the manufacturing of sponge iron. LMKEL has taken the technology from M/s. Orissa Sponge Iron Ltd. (OSIL) and installed their plant at Ghugus. LMEL's equipments kiln, cooler, and major structures were designed and supplied by the engineering division of M/s. Lloyds Steel Industries Ltd. The company has operations across India. LMEL is headquartered in Mumbai, Maharashtra, India.