Giant Austrian-based plantmaker Siemens VAI Mining and Metals Technologies (Siemens) has announced that it will erect a new rolling mill for long products for Indian steel producer Visakhapatnam Steel Plant (Vizag Steel), owned by Rashtriya Ispat Nigam Ltd (RINL).
In line with RINL's aim to expand its total annual steel production capacity to 6.3 million mt, Vizag is planning to build a bar mill to produce special merchant bars, which will have an annual capacity of 750,000 mt. Siemens will supply not only the mechanical and electrical equipment for the new rolling mill, but also the associated automation systems as well as ancillary equipment and auxiliary systems.
The value of the order is in the upper two-digit million euro range. The new rolling mill is scheduled to start operating in 2011.