Germany-based plantmaker SMS Group has announced that South Korea-based steelmaker Daehan Steel has placed an order for modernization of a bar mill.
According to SMS, the modernization project will comprise the replacement of the existing quenching line with a new one designed with the latest technology from SMS, including systems for precise pressure control and exact setting of the water flow rates.
The main objective of the modernization is to reduce the ferroalloy content in the billets, which will result in a substantial cost reduction. The upgrade is also aimed at increasing the product range. With the new SMS equipment, Daehan will be able to add 13 mm rebar to the size range and produce new steel grades up to SD600.
The existing rolling mill in Daehan´s Sinpyeong works located in the Busan area is designed to produce 130 mt per hour of rebar in diameters from 16 mm to 32 mm up to grade SD 500.