Siemens awarded €89 million

Siemens has received an order worth €89 million from the Brazilian flat-steel producer Companhia Siderúrgica Paulista to replace their existing Slab Caster No. 3 in Cubatão.


The Siemens Industrial Solutions and Services Group (I&S) has received an order from the Brazilian flat-steel producer Companhia Siderúrgica Paulista (Cosipa) to replace their existing Slab Caster No. 3 located in Cubatão.



The project includes the dismantling of the existing caster, and the engineering, supply and turnkey installation of a new single-strand slab caster with a nominal casting capacity of 1.2 million tons of high-quality slabs per year.



The project has a value of €89 million, and will be implemented by the Brazilian Voest Alpine Indústria Ltda (VAI-MS). Start-up of the new caster is scheduled for December 2007.



Two-thirds of the contract order volume will be for manufactured equipment and services rendered within Brazil.