Optimus Steel to modernize rolling mill in Texas

Wednesday, 23 June 2021 14:01:31 (GMT+3)   |   Istanbul
       

Italian plantmaker Danieli has announced that it will modernize US-based Optimus Steel Inc.’s rolling mill in Texas. Full rolling mill modernization is expected to be completed by the end of this year.

The rolling mill has an annual production capacity of one million mt of special steel wire rod.

A complete electrical and automation package for all technology will be delivered by Danieli Automation. According to the statement, this technological update will significantly increase production, product quality and safety conditions inside the plant while reducing operating expenses, thus meeting the demanding requirements of the US market.


Similar articles

Wire rod prices in Taiwanese domestic market - week 17, 2024

26 Apr | Longs and Billet

Stability in southern Europe longs market amid weak demand

26 Apr | Longs and Billet

Romanian mill cuts rebar prices amid very slow demand, traders’ offers stable

25 Apr | Longs and Billet

Ex-China wire rod prices stable, ex-ASEAN mills aim higher amid non-VAT inspections

25 Apr | Longs and Billet

Saudi Arabia’s Hadeed once again keeps offers stable for May

25 Apr | Longs and Billet

Turkey’s Kardemir cuts its wire rod prices

25 Apr | Longs and Billet

Turkey’s Kardemir reduces its wire rod prices for engineering grade products

25 Apr | Longs and Billet

Bulgarian longs market moves down amid sluggish demand

25 Apr | Longs and Billet

Stocks of main finished steel products in China down 5.4% in mid-April

25 Apr | Steel News

China issues serious warnings to non-VAT exporters, effect on prices too uneven so far

24 Apr | Flats and Slab