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Siemens Metals Technologies has won an order worth more than 100 million Euro from the Chinese Tangshan Iron and Steel Group Co. Ltd. to supply a complete cold rolling complex. The plant will be built at the Tangshan location in the Hebei province. It includes a coupled pickling line-tandem cold mill (PLTCM), a continuous annealing line and a galvanizing line. The cold strip mill is designed for an annual production of 1.6 million tons of high-strength, high-quality steels for the Chinese automotive industry, underlining Tangshan’s intention to further expand its market share in this segment. The first pickled and cold rolled strip is to be produced by December 2014 and production will be launched in 2015. |
