Kolkata-based steel producer BMW Industries Limited recently inaugurated their tube mill at NH-6 unit, Kolkata. The company has signed a contract for MS Pipes conversion at the new mill with Tata Steel, with the trial runs scheduled to begin in March 2023. The contract involves the conversion of 40,000 tons of MS Pipes, leading the mill to generate a potential additional revenue of INR 15 crore over the duration of nine months till November 2023.
Steel Producer BMW Industries Limited recently announced that the company has successfully inaugurated its Tube Mill at NH-6 unit, Kolkata. BMWIL has signed a prestigious agreement with Tata Steel for the conversion of MS Pipes at this facility and the trial runs are scheduled to begin in March 2023. The facility was inaugurated by senior management of Tata Steel, Mr. Rajeev Singhal, Vice President Marketing & Sales, Flat Products which is a proud event for BMWIL. The contract will involve the conversion of 40,000 tons of MS Pipes which will ramp-up BMWIL’s capacity at optimal utilization with a potential conversion revenue of Rs. 15 crores over the contract duration of nine months till November 2023; with a renewal clause.
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Mr. R.G. Bansal, Chairman & Executive Director of BMWIL, commenting on the new mill and contract said “We are delighted to announce that BMWIL has successfully inaugurated its Tube Mill facility together with committed orders of MS pipe conversion orders from Tata Steel, enabling us to operate at optimum capacity utilization from the very beginning of the operations.”