Austria-based giant engineering and plantmaking company Siemens VAI Metals Technologies has announced the receipt of an order from Lonato, Italy-based steelmaker Feralpi Siderurgica SpA to supply a new intermediate mill for its rebar rolling mill No. 1. The plant will be able to roll billets with a larger cross-section when the modernization project has been completed in the fall of 2010. This will also increase the plant's production capacity and widen its range of products.
Feralpi Siderurgica, part of the Feralpi Group, is one of Europe's leading structural steel producers and has production plants in Germany, Italy, the Czech Republic and Hungary. The company runs an electric arc furnace-based mini-mill meltshop with two rolling mills at its Lonato plant in Brescia province, Italy. Rolling mill No. 1 has an annual capacity of 900,000 metric tons of rebars, within a diameter range of 12-40 millimeters.
The new equipment will enable the rolling mill to handle larger billets with a square cross-section of up to 160 millimeters. This will increase output, improve cost efficiency and help Feralpi to expand its range of products.