We recently attended the investor and analyst conference of Rama Steel Tubes (RSTL) to understand its business model and long term prospects. RSTL was incorporated in 1974. The company is engaged in manufacturing ERW black pipes and tubes, ERW galvanised steel pipes, scaffolding pipes & tubes, swaged poles, structural steel products and hollow sections. RSTL has a total installed capacity of 132000 metric tonnes (MT), out of which 72000 MT is in Khopoli, Maharashtra, while 60000 MT is in Sahibabad UP. The pipes manufactured by the company...