Baku Steel Company to build rolling mill
Baku Steel Company metallurgic company is going to build a rolling mill. The equipment will allow increasing capacities and expanding assortment, it will be able to produce wire rod and structural shapes. At present the company makes only fittings and half-finished products.
The capacity of a new double-stand rolling mill will be about 350,000 tons a year, of this volume about 150,000 tons will fall to production of wire rod and 200,000 tons to structural shapes. It is planned to complete construction works in quarter 1, 2012 and production will start from quarter 2, 2013.
The rolling mill is designed to make a wire rod with the diameter of 5.5-9 mm, equal corner with shelf 32-100 mm, channel No8-12 and flange beam No 10 and No 12. According to the enterprise's estimates, of total volume of wire rod production about 50% is planned to be exported mainly to Iran, Kazakhstan, Georgia and to Russia. It is planned to sell structural shapes first of at the local market, but depending on the demand export deliveries to Iran are not ruled out.
In addition to construction of the section rolling mill Baku Steel continues reconstruction of the steel smelting repartition. The company will upgrade the electric steel melting workshop No 1 to increase its capacity: electric furnace will be replaced by a new aggregate with the capacity of 500,000 tons a year (annual productivity of the electric furnace is 350,000 tons) and the productivity of the reconstructed MNLZ will be increased by 43% up to 500,000 tons. German Siemens VAI company is the supplier of the required equipment.
By the end of 2013 the enterprise's possibility for steel smelting will be increase by 20% up to 900,000 tons a year.-0-
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