Revyakino Metal Rolling Plant commissions new continuous reheating furnace

Wednesday, 02 Feb 2011

It is reported that the Russian long steel producer Revyakino Metal-Rolling Plant has commissioned its new continuous reheating furnace which will allow the plant to increase its long steel product output from an average of 24,000 tonnes to 35,000 tonnes per month and also to reduce production costs. This output volume is planned to be reached in May this year.
Revyakino supplies about 50% of its products to construction sites in Russia's Central Federal District with about 90 percent of product supplies directed to the Moscow region.
Igor Shischuk plant general director said "Russian rebar market capacity in 2010 amounted to 13.1 million tonnes. This year a growth of 7% to 10% is expected. The speed of delivery and increase of capacities will allow us to grow with the market."
As a result of the continuous reheating furnace commissioning, Revyakino intends to claim a share of about 40% of the Moscow rebar market.
For the first two stages of modernization which began in 2007, Revyakino invested RUB 2 billion. The further implementation of its planned investment projects will allow Revyakino to increase its output of long steel products to 500,000 tonnes per year by 2015.(sourced: steelorbis)