News & Press Releases

London, October 03, 2019

Turkish steelmaker Çolakoğlu Metalurji A.S. (Çolakoğlu) has placed an order with Primetals Technologies to upgrade an existing VD(Vacuum Degassing) plant in its Dilovası meltshop to a VOD (Vacuum Oxygen Decarburization) plant. With a heat size of 295 metric tons, the VOD plant will be the largest worldwide. The aim of the modernization project is to enable the production of special steels, like IF grades, ULC grades or stainless steels. This will help Çolakoğlu to broaden its product range and enter additional markets. The VOD plant is expected to be operational in March 2020.

London, September 30, 2019

Primetals Technologies has received the final acceptance certificate (FAC) from China's Baoshan Iron & Steel Co. Ltd. (Baosteel) for the modernization of a more than 20 year old DC twin electric arc furnace at its Shanghai plant. The project involved redesigning both the upper and lower vessels and installing new anodes with increased durability. Improved power efficiency reduces production costs and raw materials can be used more flexibly. It is therefore now possible to operate the electric arc furnace with a hot metal content of up to 90 percent.

London, September 18, 2019

For the first time in over 50 years of cooperation, Primetals Technologies and Tata Steel Europe have commissioned a Level 2 system for a continuous caster completely online. In mid-July 2019, the new system from Primetals Technologies successfully replaced the existing automation on continuous caster CC21 of Tata Steel Europe in IJmuiden, the Netherlands. At the same time, Primetals Technologies is constructing continuous caster CC23 for Tata Steel Europe in IJmuiden, which will also be equipped with the Level 2 system.

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, 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.