Austria-based plantmaker Siemens VAI Metals Technologies has announced that it will supply a new bar mill to Chinese steelmaker Shaoguan Iron and Steel Group (Shaoguan), which is majority owned by Chinese steel giant Baosteel Group.
Siemens VAI will install a plant to produce alloyed round bars with diameters up to 80 mm in Songshan, Guangdong Province. The plant will be able to produce around 460,000 metric tons of alloyed round bar per year.
The new bar mill is scheduled to start operation in early 2013.
Siemens VAI to install new bar mill for Chinese steelmaker
Similar articles
Local Chinese longs prices indicate further slight declines due to off-season
08 Jun | Longs and Billet
Chinese domestic steel section prices soften slightly amid downtrend in billet prices and sluggish demand
08 Jun | Longs and Billet
IREPAS: Global longs market stable yet fragmented amid shifting trade patterns and regional divergence
05 Jun | Steel News