Bansal Wire Industries Reports 35% Capacity Reduction Due to Natural Gas Supply Disruption
Bansal Wire Industries has officially reported a 35% production capacity reduction since mid-March due to natural gas supply disruptions linked to West Asia geopolitical tensions. The company received force majeure communications from Oil Marketing Companies regarding gas supply restrictions. Management is implementing mitigation measures including enhanced electric furnace operations and alternative heating systems while coordinating with gas distributors to restore full capacity.
