Metalloinvest places an order with SMS Concast for the revamp of a continuous caster at Ural Steel

SMS Concast, a company of SMS group www.sms-group.com, has been awarded a contract by Metalloinvest, Russia, to modernize a four-strand continuous casting machine CCM-1 at metallurgical works “Ural Steel”. The aim of the upgrade is to enable the casting of round billets of 455 millimeters diameter for downstream manufacturing of railway wheels and the casting of rectangular billets in format 300 x 330 millimeters for the production of rails. “The revamp of the continuous caster CCM-1 at Ural Steel will allow Metalloinvest to master the production of new types of high-margin products, to secure the company’s position in the market of high-end steel grades and to increase the production efficiency. The project investment totals to over 1 billion rubles,” said Andrey Varichev, General Director of MC Metalloinvest.