Steel deal for Siemens

News

Siemens has received an order from China’s Angang Iron and Steel Group to supply the electrical equipment for a new 5m plate mill.

The

(I&S) has received an order from

,

, to supply the electrical equipment for a new 5m plate mill.

The order, worth around €25 million, includes the main drives, basic and process automation, and the entire material tracking system. Start-up is scheduled for August 2006.

The state-owned Angang Group is one of the largest producers of iron and steel in China. The company operates a production complex in Anshan, Liaoning province, with an annual capacity of around ten million tons of pig iron and crude steel.

With the new plate mill, designed for an annual production capacity of approximately 1.4 million tons, Angang aims to further improve its position as a supplier for ship-building, gas and oil pipelines, pressurised containers and steel structures. The plant will produce plates with a thickness of between five and 150 millimetres and a width of up to 4800 millimetres.

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