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TK awards pact for hot strip mill modernization.

Publication: American Metal Market
Publication Date: 19-DEC-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: TK awards pact for hot strip mill modernization.(Steel)(ThyssenKrupp AG)

Article Excerpt
PITTSBURGH -- ThyssenKrupp AG, Dusseldorf, Germany, has awarded a contract for the modernization of its Beeckerwerth hot strip mill to SMS Demag AG, Dusseldorf.

The financial terms were not disclosed, but the project is part of ThyssenKrupp's 400-million-euro ($523-million) plan to increase capacity and modernize machinery in order to cope with the extra slab that will arrive in Germany when its jointly...

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