December 3, 2007 -- MUMBAI, Dec 3 Asia Pulse - Siemens Metals Technologies on Friday said it has received an 80 million euro (US$118 million) order from SAIL (BSE:500113) to supply caster's for the modernisation work at the company's IISCO steel plant.

The order is for the supply of two new 6-strand billet casters and one new 4-strand bloom-beam-blank combi-caster to be installed at the company's IISCO steel plant in Burnpur, West Bengal, the company said in a release.

Siemens Metals Technologies is a division of Siemens Industrial Solutions and Services (I&S) group.

The new casters are a part of the ongoing modernisation and capacity expansion project at SAIL's IISCO steel plant.

In addition to engineering, supply of equipment and installation of electrics, Siemens Metals Technologies will also provide advisory services for erection, commissioning and training for all three casters, the release said.

Source: Asia Pulse