9,724.50 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
35.13 USD USD USD
36.48 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.45 TRY Interest Interest
73.24 USD Fossil Oil Fossil Oil
29.75 USD Silver Silver
4.12 USD Copper Copper
100.31 USD Iron Ore Iron Ore
353.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,628.71 TRY Gold (gr) Gold (gr)

Malaysian Eastern Steel to buy slab caster from Danieli

Malaysian Eastern Steel Group has signed a contract with Italian equipment supplier Danieli to purchase a technologically advanced slab caster.

Malaysian Eastern Steel to buy slab caster from Danieli

Malaysia's Eastern Steel Group has signed a contract with Italy's equipment supplier Danieli to purchase a technologically advanced slab caster to meet the demand for high-quality steel products in the country, which is currently entirely import-based.

The number 2 plate casting machine will be able to produce plates of various grades, including low carbon grade products for automotive applications, API for pipelines, etc.

The sheet will be 200 mm thick and 700 to 1,300 mm wide, with a casting speed of up to 2.5 meters per minute.

The new slab caster, with an annual production capacity of 1.6 million tons, was expected to start production at the beginning of 2023.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

India’s crude steel production increased by 4.5% in November

Monday, December 23, 2024

South Korea's crude steel production declines in November

Monday, December 23, 2024

‘IMF: Gulf countries continue to grow on reforms and steel production’

Monday, December 23, 2024

India launches investigation into flat steel product imports

Monday, December 23, 2024

Italy's crude steel production decreased in November

Monday, December 23, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now