Press Releases
Metinvest B.V., the parent company of a vertically integrated group of steel and mining companies (jointly referred to as “Metinvest” or “the Group”), is pleased to announce that it has acquired an additional stake in the largest coking coal business in Ukraine, increasing its effective interest to a controlling stake. As a result of consolidating the acquired businesses into the Group, Metinvest expects to become fully self-sufficient in coking coal for its hot metal
Read more...Following the recent approval of investment funds, thyssenkrupp is now forging ahead with implementation of the projects under its Strategy 20-30. The greater part of the contracts – revamp of the casting-rolling line, rebuild of an existing continuous caster, both in Duisburg, and construction of a new double reversing mill in Bochum – have now been awarded to Primetals Technologies Ltd., a world leading engineering and plant construction company for the metals industry.
Read more...Bonnell Aluminum, a subsidiary of Tredegar Corporation, is pleased to announce that its TSLOTS line of aluminum structural framing systems is expanding operations into the Midwest region of the United States. The TSLOTS aluminum framing system allows manufacturers to create light, durable, attractive, strong, versatile, and functional structures using custom T-slotted aluminum extrusions and connecting hardware. In addition to manufacturing and distribution from the Clearfield, Utah
Read more...SINOPEC Shashi Steel Pipe Works has placed an order with SMS group for the supply of a spiral pipe plant for its facility in Jingzhou, China. The plant will be designed for both submerged arc and MAG (Metal Active Gas) welding (PERFECT arc®). SINOPEC SSPW plans to process higher material grades with the new plant, while boost productivity. This will be achieved thanks to a stable forming process and the PERFECT arc® technology developed by SMS, enabling, for example, energy savings of
Read more...5 March 2021
Salzgitter Flachstahl GmbH has commissioned Primetals Technologies with the replacement of the existing cycloconverter drive system for the crop shear installed on the finishing mill of the Salzgitter (Germany) production site. The aim of the project is to maintain the availability of the finishing mill by replacing the obsolete cycloconverter drive with a new cycloconverter drive. When replacing the existing cycloconverter drive system, the customer's request is realized to build the new
Read more...Primetals Technologies has contracted with Kaptan Demir Çelik (Kaptan Iron & Steel), part of the Kaptan Group, to supply a complete wire rod outlet in Marmara Ereglisi, Turkey. The new mill will expand Kaptan’s portfolio to include such value-added products as coiled rebar, fine grain rebar with low alloy costs, welding wire, austenitic stainless steel and cold heading grades to serve domestic and export markets. Commissioning of the new mill is expected in mid-2022.
Read more...Tata Power, India’s largest integrated power company, announced that TP Saurya Limited, the wholly owned subsidiary of The Tata Power Company Limited, has signed a Power Purchase Agreement with Tata Steel Limited (TSL) to develop a 15 MW solar project at Jamshedpur, Jharkhand. The energy will be supplied to TSL under a Power Purchase Agreement (PPA) valid for a period of 25 years from scheduled commercial operation date. The project is required to be commissioned within 6 mont
Read more...3 March 2021
Mikhailovsky HBI, which was jointly established by USM and Mikhailovsky GOK (part of Metalloinvest), signed a contract with Primetals Technologies and consortium partner Midrex Technologies, Inc. to supply a new Hot Briquetted Iron (HBI) Plant in Zheleznogorsk, Kursk region, Russia. The plant is designed to produce 2.08 million metric tons of HBI per year. Latest design features ensure reduced energy consumption and environmental impact. The contract includes engineering, supplies and advisor
Read more...Spyder® unveiled its highest-performance drilling accessories yet — the new STINGER™ Mach-Blue™ high-speed steel (HSS) bits for wood and metal drilling, which will be available as a home center exclusive at Lowe's. The bits mark the debut of Spyder's proprietary Mach-Blue™ armor plating, an ultra-hard surface plating that helps retain sharp cutting edges and reduce heat build-up, resulting in faster cuts and exceptionally long life. The Mach-Blue&
Read more...EVRAZ has agreed to supply TMK with billets for seamless pipes in 2021–2022. Over these two years, EVRAZ NTMK will produce and deliver to TMK over 160 thousand tonnes of rolled pipe billets using formula pricing. The billets will mainly be supplied to TMK’s Sinarsky Pipe Plant. “We are pleased to continue our long-standing partnership with TMK entities. The agreement will guarantee fair pricing for the products as well as streamline utilization planning o
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