MoneyWorks4Me

Steel Strips gets €28 million euros order from Renault

13 Nov 2009 Evaluate

Steel Strips Wheels Ltd said on Thursday it got an order worth €28 million (Rs1.9 billion) for supplying steel wheel rims to Europe's Renault for its green-field project in Morocco.

 

Steel Strips would start supply of the components from the last quarter of 2011 from its Chennai plant and expects to supply more than 3 million wheel rims in five years

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Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 183.40
Steel Authority 173.15
Jindal Stainless 724.60
APL Apollo Tubes 2115.85
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