ThyssenKrupp inaugurates new annealing line

ThyssenKrupp Mexinox, a subsidiary of ThyssenKrupp Stainless, inaugurated a new bright annealing line in San Luis Potosi, Mexico yesterday. The line, which provide the stainless steel with bright anneal finish, will enable ThyssenKrupp Mexinox to expand range of its high-value, high-quality products and to increase its capacity. With the new line, the plant's annual capacity will rise by around 30,000 to 250,000 metric tons. Jürgen Fechter, Executive Board Chairman of ThyssenKrupp Stainless AG: "This project will strengthen our outstanding position on the key stainless steel markets in particular North America on a sustained basis. It will allow us to meet the requirements of our customers even more accurately." The new bright annealing line at ThyssenKrupp Mexinox was previously operating at the Terni (Italy) plant of ThyssenKrupp Acciai Speciali Terni, also a subsidiary of ThyssenKrupp Stainless. With an investment of Euro 21 million, the line was dismantled and shipped to Mexico, completely overhauled and rebuilt in a period of just 18 months.