The Russian steelmaker
Mechel has announced that its
Romania-based subsidiary
Mechel Targoviste has finished all necessary preparatory works on its new continuous
billet caster which it is now ready to put into operation. The company's investment in the
billet caster totaled $14 million.
With the new caster it will be possible to produce
billet in sizes of 120x120 mm, 140x140 mm and 150x180 mm from various grades of steel.
The new caster will allow
Mechel Targoviste to finally abandon the usage of blooms in steel
production.