Italy’s Ansaldo to supply four plants to Yichang Three Gorges Quantong

Tuesday, 23 November 2010 09:54:16 (GMT+3)   |  
       

According to a statement by Andrea Gemme, CEO of Italian plantmaker Ansaldo Sistemi Industriali, the company is to supply four plants for steel strip pickling and cold rolling to Yichang, Hubei-based Chinese steelmaker Yichang Three Gorges Quantong. The order in question is worth $25 million.

Each plant will comprise a pickling line and a cold rolling mill, which will reduce strip thickness from 5 mm to 0.14 mm. Mr. Gemme stated, "The new order will increase our business with Yichang Three Gorges Quantong to $85 million, The Chinese company is fully satisfied with our work."


Similar articles

Consumption of steel plate in Mexico decreases 5.5 percent in February

18 Apr | Steel News

US plate prices mostly steady on adequate supply

18 Apr | Flats and Slab

Flat steel prices in local Taiwanese market - week 16, 2024

18 Apr | Flats and Slab

Turkish flats spot prices stable despite sluggish trade

18 Apr | Flats and Slab

Ex-India HDG prices mainly stable but deals limited by low bids

18 Apr | Flats and Slab

Chinese HDG export prices rise amid hikes in local and futures prices

18 Apr | Flats and Slab

Japan’s CR steel strip shipments up 3.6 percent in February from January

18 Apr | Steel News

China’s HRC output rises by nine percent in Q1

18 Apr | Steel News

Major steel and raw material futures prices in China - April 18, 2024

18 Apr | Longs and Billet

Brazilian HDG export prices decline

17 Apr | Flats and Slab