German plantmaker SMS Group has announced that Luxembourg-based steelmaking goliath ArcelorMittal's Brazil-based subsidiary ArcelorMittal Monlevade has placed an order with SMS Meer for a single-strand high-performance wire rod mill with the option of expansion to two strands.
The order, which was originally requested two years ago, was later suspended in view of the economic development at that time.
According to the SMS statement, the wire rod mill will have an annual capacity of one million mt. SMS Meer is to supply a walking-beam furnace, the mechanical and electrical equipment for the mill train, the complete media supply systems, the finishing facilities for the wire-rod coils and the rolling and cooling technology.