CMI Industry Metals bags order from JSW Steel arm

CMI Industry Metals, a division of CMI FPE , has bagged an order from JSW Steel Coated Products, subsidiary of JSW Steel, for supply of a continuous annealing line (CAL) to be erected at its Vasind Works. This new line will produce 0.5 mta of annealed steel. The company, however, did not disclose the value of the order. The CAL is scheduled to start operations by the beginning of 2021. Shares of CMI FPE closed 0.62 per cent higher at ₹1,348.25 on the BSE.