Steel Strips Wheels bags order worth over EUR 1,43,000 from the European Union

June 2, 2024

Reuters.

NEW DELHI: Auto component maker Steelelellel Strips Wheels said on Thursday it had received orders worth 1.43 million euros (about Rs 1.261 billion) to supply about 800 caravans and 8,000 individual wheels to the European Union (EU) market.

According to a filing, Steel Strips Wheels Ltd (SSWL) informed the stock exchanges that new export orders from Europe worth more than 1.43 lakh euros will be executed for the months of August euro and September at its Chennai plant.

The company said it expects similar orders to arrive as the market returns to normalcy and other regular customers will also arrive in time.

This will help in further increasing the production at the Chennai steel wheel plant, the company added.

Earlier this week, Steel Strips Wheels received orders worth $2.37 million (about Rs. 177) million) from the US truck and caravan trailer market.

Last month, Steel Strips Wheels had said that based on current orders, its revenues for the current fiscal would be over Rs 3,251 crore and sales of alloy wheels would be over 10 million sets. This is a growth of more than 300% compared to the previous fiscal year.

Recommended Suppliers

TDDCHEM SINGAPORE PTE.LTD（cnauto）

Retailer

CN Supplier

1 YRS

Main Products:

Titanium dioxide, pigments, fillers, alcohols

Established:

2024-09-13

Company Size:

10000

Contact Supplier

Geely Jiyue 01 Max

LEADING IDEAL L9

Shandong Tuduoduo Digital Technology Co., Ltd

Retailer

CN Supplier

1 YRS

Main Products:

Titanium dioxide, pigments, fillers, alcohols

Established:

2024-08-09

Company Size:

10000

Contact Supplier

Wheel excavator

chengdutuduoduo

Retailer

CN Supplier

1 YRS

Main Products:

Whole vehicle, used car

Established:

2024-08-01

Company Size:

10000

Contact Supplier

Great Wall Artillery 2.0T

Peugeot 301 1.6L

Radar RD6 Pure electricity

Nissan Qijun 2.5L

TDD (QINGDAO ) CROSS-BORDER E-COMMERCE CO.,LTD.

Retailer

CN Supplier

2 YRS

Main Products:

Auto parts、Rubber tyre、Finished car

Established:

2023-01-01

Company Size:

10000

Shandong Xingyun New energy Automobile Co., LTD

Retailer

CN Supplier

1 YRS

Main Products:

New energy vehicle sales; Auto parts research and development; Auto parts and accessories manufacturing; Off-highway recreational vehicles and spare parts manufacturing; Off-highway recreational vehicles and spare parts sales; Electric car manufacturing;

Established:

2024-03-20

Company Size:

500

Contact Supplier

Beijing Tianhao Shengshi trading Co., LTD

Retailer

CN Supplier

10 YRS

Main Products:

12/5000 Lubricating oil, import and export agent

Established: