ArcelorMittal Ostrava revamps continuous billet caster

Tuesday, 08 October 2013 15:46:12 (GMT+3)   |   Istanbul
       

Global steelmaker ArcelorMittal's Czech Republic-based unit ArcelorMittal Ostrava has announced that it is revamping the continuous billet caster at its steel shop to improve the quality of products and increase exports.
 
According to ArcelorMittal Ostrava, the revamping project worth CZK 1 billion ($53.2 million) is expected to be completed at the end of 2013. The revamping will help the steelmaker to export to pipe manufacturers outside Europe who cater to the growing oil and gas exploration industry. ArcelorMittal Ostrava's exports currently account for approximately 50 percent of its output.
 
The modernization will also enable the company to cast round billets for the manufacturing of seamless pipes with diameter of up to 400 mm compared to the current maximum diameter of 210 mm. The new formats will be used for the manufacture of high quality products, notably seamless pipes produced by new rolling technologies. The production of square billets for the company's own rolling mills will be retained.

Similar articles

No halt to downtrend in SE Asia’s import billet market, more traders going short

28 Mar | Longs and Billet

Ex-Asia billet offers become more affordable in Turkey, market slightly optimistic

27 Mar | Longs and Billet

Ex-India billet prices stable, but buyers try to push below $490/mt FOB

27 Mar | Longs and Billet

Ex-ASEAN billet sales continue at low prices, China turns negative again

26 Mar | Longs and Billet

Global View on Billet: Better sentiments, suppliers fail to achieve higher deal prices so far

22 Mar | Longs and Billet

Turkey’s Kardemir issues planned sales volumes for April-June

22 Mar | Steel News

Import billet prices in SE Asia hit new low, trend reversal anticipated

21 Mar | Longs and Billet

Domestic billet sales livelier in Turkey, import price range narrows amid limited allocation

21 Mar | Longs and Billet

Ex-India billet sellers ready to accept lower prices to push sales amid weak local conditions

20 Mar | Longs and Billet

India’s RINL floats export tender for 30,000 mt billet for end-April shipment

20 Mar | Longs and Billet