News & Press Releases

London, August 28, 2019

Primetals Technologies will supply BaoWu Aluminium Technology Ltd., (BaoWu)  a combined aluminum hot rolling mill for the production of heavy plate and strip. Part of BaoWu Iron and Steel Group Co., Ltd, the highest profile steel producer in China this is the first major investment by BaoWu, following their acquisition of Henan Tongren Aluminium Industry Co. Ltd. and is a clear demonstration of their commitment to the aluminum sector. The new rolling mill will be built in Sanmenxia, in the Henan province, and have an annual production capacity of 300,000 metric tons.

London, August 26, 2019

In January, Baosteel Zhanjiang, a subsidiary company of the Chinese corporation Baoshan Iron and Steel Co Ltd. (Baosteel) placed an order for a continuous slab caster with Primetals Technologies. The caster, CCM 3, will be set up in the Baosteel production site in Guangdong Province in South China, where Baosteel Zhanjiang already operates two slab casters supplied by Primetals Technologies since late 2015. CCM 3 has an annual capacity of 2.8 million metric tons of high-quality, high-strength steel grades.

London, August 01, 2019

During the trade fair METEC in Dusseldorf, the steel producer Gerdau and the full-line supplier of metallurgical plant solutions Primetals Technologies signed a strategic partnership for their digitalization journey. The main goal of this cooperation is the development and realization of a digitalization roadmap for Gerdau, who intends to be the pioneer in the implementation of digital innovation among all steel producers in the world. The focus of the cooperation lies on the execution of digitalization projects, joint development projects and the creation of new business models. The steering committee existing of both experts from Gerdau and Primetals Technologies will start working in July 2019.

London, July 29, 2019

At the end of March 2019, Baosteel Zhanjiang, a subsidiary company of the Chinese corporation Baoshan Iron and Steel Co Ltd. (Baosteel) contracted Primetals Technologies to supply digitalization packages, automation technology and electrical equipment for its new 1,780 mm hot strip mill to be constructed in Zhanjiang, Guangdong Province in the southern part of China. The implementation of an extensive package of Industry 4.0 solutions is an important step to achieve the target of building an intelligent and the most advanced hot strip mill in the world.

London, July 16, 2019

Mitsubishi Heavy Industries (MHI) and Primetals Technologies will acquire ABP Induction Systems (ABP), a global manufacturer and servicer of induction furnaces and heating systems from CM Acquisitions, a Chicago based private equity firm.  ABP offers a variety of best-in-class products and comprehensive services to blue-chip customers, including leading automotive OEMs and suppliers, industrial manufacturers, independent foundries as well as steel plant manufacturers and steel producers. MHI and  Primetals Technologies will jointly take ABP’s shares.