CMC Subsidiary to Install Flexible Medium Section Rolling Mill
07/26/2007 - Commercial Metals’s CMCZ steel minimill in Zawiercie, Poland, will install a new flexible medium section rolling mill at an estimated cost of $170 million.
Commercial Metals Co. announced that CMC Zawiercie SA (CMCZ), CMC's steel minimill located in Zawiercie, Poland, will install a new rolling mill at an estimated cost of $170 million.
Designed to allow efficient and flexible production of an increased medium section product range, the new mill will complement the facility's existing rolling mill, which is dedicated primarily to rebar production. The mill will have a rolling capacity of approximately 650,000 tonnes of rebar, merchant bar and wire rod. It is being installed as an addition to CMCZ's second (existing) rolling mill dedicated to wire rod production, and the previously announced wire rod block currently under installation.
“This is a major strategic expansion to capture the full advantage of the significant and underutilized melting capacity of CMCZ's two existing electric arc furnaces,” said CMC Chief Executive Murray McClean. “The new mill will expand production volume and extend the product range and size of our long products.”
CMC Executive Vice President Hanns Zoellner added, "Apart from additional rebar capacity to supply the growing demand for reinforcing steel in Poland, the merchant bar will expand CMCZ's current product offerings to include larger sizes of rounds, squares, angles and flats. New products such as channels, unequal angles and tees can also be produced.”
“The mill addition will also be capable of providing product to the new wire rod block presently being installed at CMCZ, which is on schedule to be operational by summer 2008,” added Zoellner. “The combination of these projects will provide wire rod of higher quality with availability in bigger coils for CMCZ's customers."
The new mill is expected to be commissioned during the summer of 2009.
Headquartered in Irving, Texas, Commercial Metals and subsidiaries manufacture, recycle, and market steel and metal products, related materials and services through a network including steel minimills, steel fabrication and processing plants, construction-related product warehouses, a copper tube mill, metal recycling facilities and marketing and distribution offices in the United States and in strategic overseas markets.
