SMS to supply new wire rod mill complex to Guangdong Guoxin Industrial

Thursday, 08 September 2016 13:57:55 (GMT+3)   |   Istanbul
       

Germany-based plantmaker SMS Group has announced that it will supply a new wire rod mill complex to Chinese company Guangdong Guoxin Industrial Co. Ltd. The new complex will be built in the Sino-German Development Zone in Jieyang in Guangdong Province, with production scheduled to commence in 2017. 
 
The new plant will include two one-strand high-speed mills which will produce wire rod in diameters from 5.5 mm to 25 mm and rebar in diameters between 6 mm and 14 mm. The mills will be designed for an annual capacity of 1.4 million mt, 700,000 mt per year per mill. The steel grades to be rolled will comprise cold-heading, alloyed, spring and stainless steels as well as tire cord and welding wire.

Similar articles

Turkey seeks to raise rebar export offers, demand mostly seen locally

27 Mar | Longs and Billet

Saudi Arabia’s Hadeed keeps local longs prices stable again for April

26 Mar | Longs and Billet

Iskenderun-based Turkish mill issues its longs prices

26 Mar | Longs and Billet

Local Chinese longs prices up $7-8/mt amid improved demand

25 Mar | Longs and Billet

Stocks of main finished steel products in China down 0.6 percent in mid-March

25 Mar | Steel News

Lebanese rebar market quiet while import prices drop

22 Mar | Longs and Billet

Iskenderun-based Turkish mill cuts longs prices as week ends

22 Mar | Longs and Billet

Partial stability in southern European longs market, Easter closures expected

22 Mar | Longs and Billet

Romanian longs prices stable amid ongoing optimism for demand

21 Mar | Longs and Billet

Turkey’s longs export prices stable for now, demand weak

20 Mar | Longs and Billet