The successful operation of Metal Ravne, a member of the SIJ Group, is based on constant investment in development, technology and production. In recent months the company saw the completion of two important investments in the Steel Division, namely the modernization of the 45-tonne ultra-high power electric arc furnace (EOP/UHP – ultra high power) and the new 45-tonne vacuum ladle furnace (LD VD/VOD – ladle furnace and vacuum degassing/vacuum oxygen decarburization).
Valued at over EUR 20M, the two investments will enable Metal Ravne to continue the restructuring of its production program towards products aimed at the demanding segment of special steels with high added value. Nevertheless, tool steel will continue to comprise the majority of the company’s production and sales range. With the modernized electric arc furnace and new ladle furnace, Metal Ravne is able to produce a total of 12,000 tonnes of ingots (previously 10,000 tonnes at the most).
Having successfully completed the two investments, Metal Ravne will continue by investing in a new, demanding steel program – the fourth ESR plant (electroslag remelting) and the first VAR plant (vacuum arc remelting) – and the ongoing project to modernize the Steel Plant, which includes the technological equipment for the casting unit.
