Metinvest, the international vertically integrated metals and mining group of companies, is proceeding with the active phase of the $63 million project on revamping of the Heavy Plate Mill 3600 at its Azovstal Iron & Steel Works. This also includes commissioning of the facility equipment for production of X80 and X90 high-strength pipe plate of SMS-Siemag make, a German machine building group chosen as the general contractor and vendor of the equipment. The project is being realized within the framework of Metinvest's long-term modernization and reconstruction programme.
SMS-Siemag is a world-renowned manufacturer of metallurgical equipment and rolling mills technology provider and has a broad experience of cooperation with leading steel companies from China, South Korea and Russia. According to the signed $20 million contract SMS-Siemag is to supply and install the technological equipment complex, including Hot Plate Leveller, Automatic Gauge Control, Automatic Metal Tracking System for revamping of the Plate Mill and to install the previously purchased Accelerated Cooling Unit (ACU) and Water Treatment System. The first equipment batch will is to be delivered in the end of July 2011.
In September 2011 operations at Plate Mill 3600 will be stopped for an overhaul during which the assembly and installation of the ACU and Hot Plate Leveller will be performed. SMS-Siemag will provide project supervision work as well as perform personnel training. The whole production complex is to be commissioned after the overhaul in October of 2011.