South Africa: SS facility

Columbus BWS JV has invited German steel company Boecker & Wender Stahl to set up the proposed SS facility in the Coega IDZ and deepwater port, South Africa. BWS will ultimately hold a controlling share of 51% in the facility, Columbus Stainless 23% and the Industrial Development Corp. 26%. The construction is expected to start by mid year and should be completed within two years. Equipment will be imported from Germany. The facility will produce up to five grades of steel with a thickness of up to 0,35mm and width of 400mm during the first phase of production and 800mm during the second phase.

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