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SSWL inks pact with Tata Steel Long Products to supply round bars

These products will target automotive customers in India, Steel Strips Wheels Limited (SSWL) said in a regulatory filing.

August 30, 2021 / 02:48 PM IST
 
 
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Auto components maker Steel Strips Wheels Limited has signed a pact with Tata Steel Long Products to supply round bars of various grades.

These products will target automotive customers in India, Steel Strips Wheels Limited (SSWL) said in a regulatory filing.

"SSWL has signed an agreement with Tata Steel Long Products for rolling of round bars of various grades for a period of 3 years. These products will target automotive customers in India," it said.

The supplies from the company's Saraikela Plant, in Jharkhand, will start from October 2021, SSWL said.

A subsidiary of Tata Steel, Tata Steel Long Products, is in the business of manufacturing high alloy steel, primarily for the auto sector and wire rope industry.

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With one million tonne capacity, it is one of the largest specialty steel plants in India in the long product segment.

According to the filing, Tata Steel has a strategic equity stake in SSWL since 2008.
PTI
first published: Aug 30, 2021 02:49 pm
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