Steel Strips Wheels signs $105M wheel supply MoU with Western Hemisphere customer

Steel Strips Wheels (SSWL) signed a memorandum of understanding worth approximately $105 million to supply steel and aluminium wheels to a customer in the Western Hemisphere for a minimum of three years. Steel wheel supplies will commence from Chennai and Dappar plants by September 2021, and aluminium wheel supplies from Mehsana plant by end of December 2021.

“SSWL announced that it has inked a memorandum of understanding for around $105 million from Western Hemisphere.”alcircle.com

• 1 source
• alcircle.comSSWL secures supply contract of aluminium and steel wheel from Western Hemisphere; Aluminium Extrusion, Profiles, Price, Scrap, Recycling, SectionRupankar MajumderAug 23, 2021

Summarized from public sources; check the original articles before acting on it.