UK-based plantmaker Primetals Technologies has announced that it has received an order from Chinese steel producer Shandong Iron and Steel Group Rizhao Co., Ltd. for the relocation of its 4.3 million mt per year plate mill line from Jinan to Rizhao. Once relocated, the plate mill will also receive an upgrade. The relocation is scheduled to be finished in 2018.
According to Primetals, within the scope of the relocation project, more than 50,000 tons of mechanical and electrical equipment, and more than 1,000 tons of piping have to be dismantled and reinstalled at the Shansteel Rizhao Quality Products Base. This relocation project is a strategic decision by Shandong Iron and Steel Group to adjust its structure and upgrade its facilities, which will strongly improve overall competiveness. Meanwhile, the upgrade of the plate mill with the newest technology will allow the mill to produce high quality plates and be ready for future market demands.