The installation of roller hearth heat treatment furnace #1 and rolling quenching machine #1 at sheet rolling facility #1 enables Ural Steel to increase the production capacity of the heat treatment furnace from 28.6 to 30.7 t/h. Over the next 10 years, between 2019 and 2028, Ural Steel will be able to increase the production of heat-treated heavy plate by three times, and the output of steel for bridge construction by 39 %. Production volumes will increase due to the introduction of a new product variety, which will be developed at the heat treatment facility.
Roller hearth heat treatment furnace #1 and rolling quenching machine #1 will also help to improve the characteristics of the heavy plate, ensuring the physical uniformity of the rolled steel products following heat treatment, by improving heating and cooling conditions.
In 2017, Metalloinvest signed a € 11.5 mn ten-year credit line guaranteed by credit export agency Euler Hermes Aktiengesellschaft (Germany) to finance the project. Leading figures from Metalloinvest, Tenova LOI Thermprocess and the government of the Orenburg region all took part in the complex’s launch ceremony.
Andrey Varichev, CEO, Management Company Metalloinvest, commented: “The project has been completed as part of Metalloinvest’s comprehensive investment programme to reorganize production processes at Ural Steel, which will boost the operational and management efficiency of the enterprise. This new facility will strengthen the company’s position in the market for heat-treated rolled products.”
Andrea Lovato, CEO, Tenova, said: “Taking part in the reorganization and modernization of Ural Steel’s production processes is a great opportunity for us, and we are confident that our partnership with Metalloinvest will help the enterprise to progress its development even further.”
Erik Micek, Chairman of the Executive Board, Tenova LOI Thermprocess, observed: “Supplying equipment for this modern heat treatment facility is the next step in the mutually-beneficial partnership between Tenova and Metalloinvest. We are pleased to provide Ural Steel with advanced industrial technologies for the heat treatment of flat products, enabling the enterprise to produce high-quality products and increase productivity.”
_{(Source: METALLOINVEST MC LLC)}