UK-based plantmaker Primetals Technologies has announced that the continuous bloom casting machine, the large bar rolling mill and the small bar and wire rod mill it supplied to South Korean steelmaker Hyundai Steel in Dangjin for its new special steel mill have started production. The caster is designed to produce 1.1 million metric tons of blooms per year. The large bar mill also provides billets to be further processed in the small bar and wire rod mill, which Primetals Technologies also supplied. This combination mill has a capacity of 800,000 mt and is designed to roll 160 mt per hour.
Hyundai Steel, based in Incheon and Seoul, South Korea, belongs to the Hyundai-Kia Automotive Group and runs six production facilities in South Korea and a further one in China. At present, the company is constructing a new plant at its Dangjin site to produce special steels for the automotive industry. In future, bar and wire are to be produced here as primary material for engine and gearbox parts. Annual production of 400,000 metric tons of wire rod and 600,000 metric tons of straight bar and bar-in-coil is planned.