Austria-based plantmaker Siemens VAI Metals Technologies has announced that it has commissioned a newly installed drive system at SSAB Americas'
plate and steckel mill located in Montpelier, Iowa. The order placed by the North American unit of the global producer of high strength steels SSAB is worth more than $10 million.
According to the statement, SSAB also wanted to reduce maintenance costs associated with the existing equipment. Currently, Siemens is modernizing the continuous annealing line at SSAB's plant in Borlänge, Sweden.
The
plate and steckel mill at SSAB's integrated production site in Montpelier, Iowa produces 1.25 million mt of
plate and coil per year.