New Delhi
Steel Strips Wheels Limited (SSWL) has announced its partnership with Tata Steel Long Products to supply round bars of various grades for automotive customers in India for three years.
The auto components maker said that the agreement requires 50000 tonnes of rolled round bars per annum. It added that the supplies from SSWL Saraikela Plant would start from October 2021.
SSWL mentioned that the collaboration reinforces Tata Steel’s confidence in them. Since 2008, Tata Steel has had an equity stake in SSWL.
Tata Steel Long Products, a subsidiary of Tata Steel, manufactures high alloy steel, primarily for the auto sector and wire rope industry.
Source – ET Auto
Image Source: SSWL Website
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