Steel Dynamics plans for an expansion at its Roanoke Bar Division, Virginia with an investment of $28 million. And contract has been awarded to SMS Group.
This investment is used to upgrade and to integrate new reheating furnace and a new finishing area into the facility. It plans to utilize its existing excess melting and casting capability to increase rolling capacity from the current 500,000 tons to over 600,000 tons per year.
The objective of the new reheating furnace is not only to increase productivity but also to significantly improve energy efficiency, with the adoption of a smart combustion management system. The supply package is comprised of a pusher-type high capacity reheating furnace designed to process 140 tons of billets per hour. The plan is to roll the billets into light sections and reinforcing bars from sizes #4 to #11, as well as corresponding round bars.
After the upgrade, the Roanoke Bar Division expects to increase production of rebar to over 200,000 tons per year. Commissioning is expected to commence at the end of 2017.
|Company Name||Steel Dynamics|
|Estimated Cost||$28 Million|