Nigeria-based WEMPCO starts producing wire rod

Wednesday, 15 June 2016 17:31:01 (GMT+3)   |   Istanbul
       

Italian plantmaker Danieli has announced that it has received the final acceptance certificate from Nigeria-based steel producer Western Metal Products Company Limited (WEMPCO) for the first modern wire rod mill installed in Nigeria.
 
The new mill has an annual capacity of 300,000 mt of wire rod.  Although the mill can produce wire rod in a diameter range of 5-16 mm at a maximum speed of 80 m/s, its production is currently focused on 5.5 mm smooth wire rod at the rolling speed of 74 m/s to feed the existing WEMPCO drawing lines for the local market. Full production capacity is expected within a couple of months.

Similar articles

Oman’s JSIS proceeds with trial wire rod production

13 May | Steel News

Local Chinese longs prices fall, outlook still not bullish despite ultra-long special bonds announcement

13 May | Longs and Billet

Non-VAT steel export offers from China start to revive gradually

10 May | Flats and Slab

Wire rod prices in Taiwanese domestic market - week 19, 2024

10 May | Longs and Billet

Buyers in southern European longs market start to respond to certain hikes

10 May | Longs and Billet

Romanian longs prices stable amid weak activity after holiday

09 May | Longs and Billet

ASEAN wire rod mills target increases, but Chinese market not rising as much as expected

09 May | Longs and Billet

Import HRC prices fluctuate in Vietnam following changing ex-China offers 

09 May | Flats and Slab

Turkish longs exports silent due to low demand, prices stable

08 May | Longs and Billet

Stocks of main finished steel products in China down 3.1% in late April

08 May | Steel News