SMS Demag to install hot strip mill to Taiyuan Iron & Steel
German SMS Demag AG has received an order from China-based steel producer TISCO Taiyuan Iron and Steel Company to install a hot strip mill at the facility of the steel producer. The planned hot strip mill will produce 4 million tons of coils per annum, 2 million tons of which will be stainless steel. The deal, which has been concluded at $100 million, is expected to strengthen the relations between SMS Demag and TISCO.SMS Demag to install hot strip mill to Taiyuan Iron & Steel
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