China’s Tangshan Iron and Steel Group Co Ltd has ordered a complete cold rolling complex with an annual production capacity of 1.6Mt/y to supply the Chinese automotive industry.
The mill will underline Tangshan's intention to further expand its market share in this segment.
The mill is supplied by Siemens Metals Technologies and the order is worth more than €100M. The first pickled and cold rolled strip is to be produced by December 2014 and production will be launched in 2015. The plant will be built at the Tangshan location in the Hebei province.