Austria-based plantmaker Siemens VAI Metals Technologies announced today, April 23, that it has received an order from NatSteel Holdings Pte Ltd (NatSteel) to comprehensively modernize the finger-shaft electric arc furnace in its Singapore Works. The project involves installing a new FAST (furnace advanced slag-free tapping) system, renewing the furnace shaft and the lower shell, and bringing the automation of the arc and ladle furnace up to the state-of-the-art. This will increase productivity and reduce the specific power requirement of the furnace even further. Commissioning is planned for March 2013.
NatSteel is a wholly owned subsidiary company of Tata Steel, and one of the leading steelmakers in the Asia-Pacific Region. The company has 3,000 employees at locations in Singapore, China, Thailand, Vietnam, the Philippines and Australia, and produces over two million tons of steel products per year, mainly for the region's construction industry.