According to Mr. Jeant Jouet, CEO of ArcelorMittal Kriviy Rih, at the ceremony of the start of construction of the first caster, the company intends to construct 5 continuous casters. The first continuous caster will be put into operation in September 2011. Total cost of the project will make around $100 million.
The project provides construction of a six-stream continuous caster, a ladle furnace and associated infrastructure. New caster is to produce steel billets of 150×150 mm section, length from 9 to 12 meters. Project capacity is 1.45 million tons per year.
General contractor is Siemens VAI Metals Technologies GmbH. (UGMK.Info)