0.50 (0.30%) Tata Steel has secured a major contract from Siemens Wind Power to supply 25,000 tonnes of high-quality profiled steel plate for wind towers. This order is the largest to date for the steel company's dedicated wind tower hub in Scunthorpe, England and establishes Tata Steel as a key supplier to Siemens Wind Power.
Tata Steel will deliver 25,000 tonnes of profiled plate cut into the desired shape between April-September this year. The steel will be used to build about 150 onshore wind turbine towers. Tata Steel has already supplied Siemens Wind Power with 6,000 tonnes of steel plate for similar developments in the UK and Europe.
Recently, the world’s seventh-largest steelmaker reported a fall of 1.1% in its December quarter sales, while production of its hot metal grew about 3% for the quarter over corresponding period last year.