Magnitogorsk Iron and Steel Works (MMK) and the SMS group (Germany) concluded a supply contract for equipment for a new continuous galvanizing line (CGL).
The contract value is above EUR 25M. The production capacity of the new plant is more than 360,000 tons per year. The first coil of galvanized steel is expected to be rolled in just two years. According to the contract, the German machinery and plant construction group will not only supply the required equipment, spare parts and technical documentation to MMK, but will also render training and programming services, will supervise the erection, and prepare the plant for commissioning.
Photo courtesy of MMK
The CGL will be arranged on site at Strip Rolling Plant #11, which accommodates the state-of-the-art cold rolling complex of MMK (Cold Mill 2000). The plant is designed to output cold-rolled hot-dip galvanized products for the construction industry. With this plant, the MMK production capacity of galvanized rolled products will increase by over 20%. On top of this, an additional 70 working places for technological and maintenance personnel are planned.
The document was signed by the director general of MMK, Pavel Shilyaev; member of the Board of SMS group, Dieter Rosenthal; and the executive vice president of SMS group, Meinhard Remberg.