Metalloinvest is to modernize Ural Steel
Metalloinvest has signed a contract with SMS Concast AG (Switzerland) for the modernisation of the four-strand continuous casting machine at Ural Steel (CCM #1).
As part of its modernisation, CCM #1 will be adapted to produce 455mm billets for railway wheels and square billets with section measurements of 300 x 330 mm for rail production. SMS Concast will produce and supply the new equipment.
Andrey Varichev, CEO of Management Company Metalloinvest, commented: "The modernisation ...