02
May
16:41
Saarstahl ponders new billet caster
Saarstahl may be lining up a three-digit million euro amount for the construction of a new caster, the German steelmaker’s ceo Fred Metzken was reported to have said at the weekend.
The new facility would replace the existing older caster and allow for square-shaped billets in larger sizes than have been possible so far, “… but only if our liquidity allows for it,” said Metzken. The latest major upgrade took place in 2009, enabling thick…
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Very good overview of the weekly steel market.
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