Mumbai, May 21 -- BMW Industries and its wholly-owned subsidiary, BMW Iron & Steel Industries have bagged an order from Tata Steelfor conversion of hot rolled (HR) coils into tubes. The work will be executed at BMW's Hazibagan, Howrah plant and BMW Iron & Steel's Jamshedpur facility. The contract is valid until 31 October 2027, with a total value of Rs 188.60 crore for BMW Industries and Rs 176.09 crore for BMW Iron & Steel, respectively. The objective is to sustain the order of Tata Steel, ensuring optimum utilization of existing infrastructure for coil processing.

Published by HT Digital Content Services with permission from Capital Market....