Monday, November 29, 1999

Siemens VAI, Shriram EPC consortium wins order from SAIL

News posted by www.newsinfoline.com

Siemens VAI Metals, a unit of Siemens AG said on Monday its consortium with India's Shriram EPC has won an order to construct a rolling mill for Steel Authority of India's plant at Durgapur.The new long-product rolling mill will expand the steelmaker's production capacities for structural steel by about 1 million tons per annum, Siemens VAI said. It did not give any financial details.(Reporting by Ketan Bondre; Editing by Ramya Venugopal)(For more business news on Reuters India click http://in.reuters.com)

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