Surana places $15 mn order with Chinese firm |
BS Reporter / Chennai November 16, 2007 |
Steel manufacturer Surana Industries (SIL) has placed an order worth $14.58 million with Beijing Shougang Machinery & Electric, a leading steel maker in China, for a bar and wire rod mill for its upcoming Rs 473 crore integrated steel plant in Raichur, Karnataka. Under an agreement, the Chinese company will design, manufacture, and Supply plant and machinery, equipment with auxillaries, automation and application software for the 2 lakh MT a year bar and wire rod mill for SIL |