Germany-based plantmaker SMS Group has announced that Vietnamese steel producer Nam Kim Steel Joint Stock Company has successfully put into operation the new compact cold mill, supplied by SMS Group’s Indian joint venture company Esmech Equipment Pvt, Ltd. The new compact cold mill, the first of this kind in Vietnam, complements the single-stand reversing cold mill supplied by SMS in 2015.
With the new mill, Nam Kim Steel has increased its annual capacity by a further 435,000 mt of high-grade cold strip in the final gage range from 0.2 mm to 2.0 mm.