Steel Strips bags Rs 75 crore export order in France

Steel Strips Wheels has bagged an order valued at Rs 75 crore, for supply of 13,75,000 steel wheel rims over five years, from PSA Peugeot Citroen of France.

MUMBAI: Steel Strips Wheels has bagged an order valued at Rs 75 crore, for supply of 13,75,000 steel wheel rims over five years, from PSA Peugeot Citroen of France.

The company will supply the steel wheel rims from its upcoming plant at Oragadam near Chennai, trial production of which starts in first quarter of 2008-09.

At 11:22 am, Steel Strips shares were up 8.27 per cent at Rs 197.05 on BSE.
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