Tag «ONESTEEL»

Primetals Technologies receives final acceptance for wire rod mill upgrade from OneSteel in Australia

• Water cooling line and laying head improvements increase mill utilization, reduce maintenance, improve product quality • Rolling speed for smaller diameters increased by more than 10% • Reduced coil height and better compacted coil shape • Pipe support design incorporates new SR Series laying head pipe technology Primetals Technologies has received the final acceptance …

ACQUISITION OF ONESTEEL SHEET & COIL DISTRIBUTION ASSETS

BlueScope today announced it has agreed to acquire from Arrium Limited its OneSteel sheet and coil processing and distribution businesses in Sydney, Brisbane, Adelaide and Perth. BlueScope will pay inventory value at completion (as at 30 September this was $23.1 million) for the assets and assumed liabilities and expects to incur net integration costs of …