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25 Apr
15:53

Ovako modernises heavy bar mill at Imatra

Ovako will invest €15 million ($16.5m) in the modernisation of the heavy bar mill at its Imatra site in Finland, Kallanish learns. This marks the largest investment in the site in 30 years, the maker of engineering steels notes. As a result, the mill's production capacity will increase by 16,000 tonnes/year. The investment is an upgrade of the first and second rolling stand of the heavy bar mill and includes new transformers, motor drives, motors, and mec…
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