TPT November 2012

Industry News

Micro steel mill for Al-Qaryan AL-QARYAN Steel Company from the Kingdom of Saudi Arabia (KSA) has placed an order with SMS Concast for the design, manufacturing and commissioning of a micro steel mill to be installed in Dammam. mechanical engineering for the steel and non-ferrous metals industry.

boosted steel demand in the country and caught the attention of global steel giants. Saudi Arabia steel consumption has rapidly surged over the past few years on the back of growing investment. SMS Concast – Germany Email: thilo.sagermann@sms-group.com Website: www.sms-meer.com

With some 11,000 employees, the group generates sales of over €3bn. Saudi Arabia represents one of the fastest growing steel industries in the Middle East. Over the past few years, the rapid economic development has led to skyrocketing growth in the construction and infrastructure industry, which has

With the process route to be realised in phase 1 consisting of induction furnace, ladle furnace and continuous caster, Al- Qaryan will make its first step into the value adding production of commercial billets. The overall layout considers further expansions by adding a second steel shop and caster as well as a rolling mill for re-bars with a final production of 600,000 tons per year. The scope of supply by SMS Concast covers all technological equipment. Apart from the above specified key components it includes water treatment plant, dust collection system, shop cranes, material handling equipment and related supervision services. The signing ceremony for phase 1 of the investment took place on 7 June, 2012 attended byMr MohammedQaryan Al-Qahtani, chairman of Al-Qaryan Steel Ltd, and executive representatives of the group together with Stefan Rutishauser, group managing director from SMS Concast. “We are delighted to support Al-Qaryan with excellent technology,” said Dr Joachim Schönbeck, CEO of SMS Concast and the business area SMS Meer. SMS Concast AG is a company of the SMS group which, under the roof of SMS Holding GmbH, consists of a group of companies internationally active in plant construction and

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Mr Mohammed Qaryan Al-Qahtani, chairman of Al-Qaryan Steel Ltd and Stefan Rutishauser of SMS Concast

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N ovember 2012