IRON and STEEL
Korean Hyundai Steel has awarded SMS group the Final Acceptance Certificate after successful commissioning of a new straightening machine for the medium section mill at its Incheon site, South Korea.
The new horizontal roller straightener replaces an existing straightener installed in 1995. With this new horizontal roller straightener from SMS group, Hyundai Steel is able to roll larger sheet piles and beams up to a web height of 450 millimeters. In addition to extending the product range, the straightener helps to improve the tolerances and quality of the sections. This straightener type impresses also with reduced maintenance and lower media consumption while maintaining a high level of process reliability.
South Korean based Hyundai Steel, in its Dangjin steel Mill can operate its blast furnace No 2 normally until the administrative authority comes out with probable alternatives to prevent fire or an explosion, as per Steel Daily.
Salzgitter Flachstahl GmbH (SZFG), a subsidiary of Salzgitter AG, has launched its “Hot-Dip Galvanizing 3” (FV3) project and one of its largest single investments of the last decade at the Salzgitter location.
The Italian welded steel tube specialist Padana Tubi & Profilati Acciaio has reiterated its trust in tube welding technology from SMS group and ordered a new 16 ¾-inch tube welding line.
In the 2018 business year, SMS group reached its operational and financial targets as well as significant milestones in its growth strategy. At EUR 3,087 million, order intake for SMS group was EUR 217 million (7.6 percent) higher than the previous year's total of EUR 2,870 million.
SMS group, world market leader in plant construction and mechanical engineering for the steel and nonferrous metals industry, will be exhibiting as the “Leading Partner in the World of Metalsˮ at METEC 2019, the international trade fair for metallurgy, at Stand E22 in Hall 5. The event takes place from 25 June to 28 June 2019 in Düsseldorf under the motto “The Bright World of Metalsˮ.
Tata Steel Ltd., India, has awarded SMS group the contract to upgrade its CSP® continuous caster at its plant in Jamshedpur.