Baheti Recycling Industries Limited (formerly Baheti Metal & Ferro Alloys Ltd.) has announced that it has received a work order worth ₹32 crore from ArcelorMittal Nippon Steel India Private Limited (AMNS India) for the supply of aluminium deoxidants.
The company disclosed the development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The contract has been awarded by a domestic entity and is expected to be executed within 90 days from the date of issuance of the work order.
According to the company, the order involves the supply of aluminium deoxidants, a key input used in steel manufacturing to remove dissolved oxygen during the production process.
This order further strengthens Baheti Recycling Industries’ presence in the steel supply chain and reflects its growing business relationship with large domestic steel producers. The company expects the contract to contribute positively to its revenue in the current financial year.