SMS Demag receives an order from Metallurgical Holding
According to the statement released by German company SMS Demag AG, the company has received an order from Russian company Metallurgical Holding to install a steel mini-mill with a downstream continuous
billet caster.
The contract includes 120/t-electric arc furnace, a ladle furnace and dust-collecting facility
New facility, which will have an annual
production capacity of 1 million tons, will produce wide range of light and medium sectional steel products.
The new mill is scheduled to be operational in the second half of 2006.
As previously reported by SteelOrbis, SMS Demag has received two orders from
Russia in the last six months. The first one was from TMK Group in October for a continuous caster.