Siemens VAI has announced the receipt of an order from Russian steelmaker Severstal for supply of the main equipment for its new longs rolling facility Severstal - Long Product Mill Balakovo, which will be built at Balakovo in Russia's Saratov region.
The scope of the order, worth a two-digit million euro figure, includes the supply of a new 125-mt finger shaft electric arc furnace, a new 125-mt ladle furnace, the associated primary and secondary dedusting facilities and a five-strand high speed billet caster.
Upon completion in mid-2010, the new mill will annually produce one million mt of billets which will be rolled into structural steel products for use in the local market.