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Corporate - New Business
Rs 117-cr orders for Metso

New Delhi, June 12

Metso Minerals, a part of Finnish engineering major Metso Corporation, has bagged two new orders cumulatively worth Rs 117 crore for supply of machinery to the iron and steel industry. While the first order, worth Rs 72.5 crore, entails supply of an iron ore induration machine to JSW Steel Ltd, the other Rs 44.5 crore order involves supply of equipment and basic engineering to Bharat Mines and Minerals (BMM) Ispat, a company release said. Metso Minerals would deliver the iron ore induration machine to JSW Steel Ltd for its plant in Vijayanagar in the Bellary district of Karnataka. - Our Burea

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