News & Press Releases

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.

London, July 01, 2019

One of China's largest steel producers recently awarded Primetals Technologies an order to optimize the processes of one of its continuous casters. This meant that the leading supplier of automation systems in the metallurgical industry celebrated its 150th order in the last ten years alone for process automation systems (Level 2) in continuous casting.

London, June 11, 2019

It is with deep regret and profound sadness that we inform you that Mr. Yasukuni Yamasaki, the former CEO and Chairman of the Board of Primetals Technologies Limited, suddenly passed away on June 7, 2019 due to a heart attack.

London, May 21, 2019

Recently, Mexican steel producer Altos Hornos de Mexico, S.A.B. de C.V. (AHMSA) issued the Final Acceptance Certificate (FAC) for a twin RH vacuum degassing plant supplied by Primetals Technologies. The 150-ton RH plant was installed in AHMSA´s converter Steel Works # 2 in Monclova. It is able to handle 50 charges per day, the equivalent of about two million metric tons of liquid steel per year.

London, May 14, 2019

Chinese steel producer Angang Iron & Steel Group Co. (Angang) has placed an order with Primetals Technologies to modernize a continuous slab caster at its Anshan plant. The modernized caster will replace the existing CCM 1 in its steel works No. 1. The objectives of the project are to improve the slab quality for use in the subsequent plate mill and to increase maximum slab thickness from 300 to 360 millimeters. Furthermore, flexibility will be improved by installing SRD segments in the horizontal strand guide, which marks the first application of SRD (Single-Roll DynaGap) segments in a caster in China.