ArcelorMittal Temirtau orders billet concaster for long steel production

Monday, 09 August 2010 12:07:14 (GMT+3)   |  
       

ArcelorMittal Temirtau, the Kazakhstan-based subsidiary of steel giant ArcelorMittal, has announced that it has signed a contract with Turkish plantmaker CVS for the supply and installation of its first continuous square billet caster for long steel production.

Accordingly, the new six-strand continuous billet caster will allow ArcelorMittal Temirtau to increase its production capacity from four to five million mt of steel per year, to satisfy the needs in billet of its long product rolling shop, and in the future to enable it to expand its product range by producing quality long products such as rebar, angles, channels and T-sections. "In addition, the company will become the most competitive supplier in Kazakhstan, as our pig iron is cheaper than any other produced in electric furnaces," company CEO Frank Pannier said.

Previously ArcelorMittal Temirtau purchased billets from Ukraine and Russia. In November 2009, the company secured supplies of 8,000-9,000 mt of billet per year from Kazakh-based Vtorprom; however, this is not enough to enable its long product rolling shop to operate at full capacity (400,000 mt of longs per year).

Thus, by constructing its own concaster, with construction planned to be completed within 12 months, and by achieving full production capacity at its long product rolling shop, ArcelorMittal Temirtau will not only satisfy the domestic demand for long steel, but will also allow Kazakhstan to reduce the imports of these important products for the construction industry.

The construction of the new concaster as well as the repair and upgrades of blast furnaces planned for 2010-2011 are a part of ArcelorMittal Temirtau's plan to increase its production capacity to six million mt per year, with the eventual aim of reaching ten million mt annual capacity in the future by commissioning new production facilities.


Similar articles

ASEAN mills not in hurry to sell semis, awaiting for further strengthening of market

23 Apr | Longs and Billet

India’s RINL floats export tender for 30,000 mt of billet for early June shipment

22 Apr | Longs and Billet

Global View on Billet: Bullish Asia spreads positive mood, buyers in some regions resist

19 Apr | Longs and Billet

Ex-Europe scrap prices in Turkey remain firm, market still mostly silent

18 Apr | Scrap & Raw Materials

Tradable import billet prices fail to improve in SE Asia, demand focused on traders taking positions

18 Apr | Longs and Billet

Ex-Black Sea billet allocation still limited, Egypt and Turkey may be promising for Asian origins

17 Apr | Longs and Billet

Ex-India billet prices improve, but trade limited by surging domestic market

17 Apr | Longs and Billet

Iranian billet export prices continue to weaken

17 Apr | Longs and Billet

Vietnam’s Hoa Phat Group sees higher net profit and revenue in Q1

17 Apr | Steel News

Ex-ASEAN deal prices increase amid stronger China, demand mostly from MENA

16 Apr | Longs and Billet