Siemens to upgrade Swiss Steel's EAF in Emmenbrücke

Wednesday, 21 November 2012 11:00:55 (GMT+3)   |   Istanbul
       

Austria-based plantmaker Siemens Metal Technologies has announced that it will upgrade the electric arc furnace at the Emmenbrücke plant of Switzerland-based Swiss Steel AG, a part of Schmolz + Bickenbach Group, the world's largest manufacturer, processor and distributor of special steel long products.

The upgrade project aims to shorten process times and cut conversion costs. As a result, production capacity is expected to rise to 650,000 mt of steel per year and, at the same time, operating safety will be increased and maintenance costs reduced. The project is due to be completed in August 2013.
 
In the European long products market, Swiss Steel AG is a leading vendor of quality, stainless and machining steels for the automotive industry and machine construction. The company's steel production in 2011 amounted to around 560,000 mt.


Similar articles

Turkish official merchant bar export prices move sideways

29 Mar | Longs and Billet

Major steel and raw material futures prices in China - March 29, 2024

29 Mar | Longs and Billet

Wire rod prices in Taiwanese domestic market - week 13, 2024

29 Mar | Longs and Billet

Domestic rebar prices in Taiwan - week 13, 2024

29 Mar | Longs and Billet

US domestic wire rod prices still soft

28 Mar | Longs and Billet

Wire rod consumption in Mexico increases 6.5 percent in January

28 Mar | Steel News

US drawn wire exports up 40.1 percent in January

28 Mar | Steel News

Import longs offers in Romania now attractive, local prices stable

28 Mar | Longs and Billet

UAE-based ESA cuts wire rod prices for April despite better demand

28 Mar | Longs and Billet

Turkish domestic dollar-based rebar spot prices soften

28 Mar | Longs and Billet