Steel Strips Wheels has informed about an Export order for supply of Truck/Trailer Steel wheels to the EU after market. Total order value would be about USD 240K for supplying approx 6,000 wheels in a period of one year. This order is expected to increase in coming months. The wheels will be supplied from the Company’s Jamshedpur plant. SSWL is heading towards generating a mutually beneficial long term business relationship with this After Market group. This compliments SSWLs strategy to be a strong player in Global Steel wheels after market.
The above information is a part of company’s filings submitted to BSE.