Timken Bearings Equip Arcelor Mittal Steel Mill
08/10/2007 - Timken announces that it is the exclusive supplier of tapered, spherical and cylindrical roller bearings for Arcelor Mittal's new high-capacity hot-strip steel rolling mill currently under construction by Siemens in Krakow, Poland.
The Timken Co. announced that it is the exclusive supplier of tapered, spherical and cylindrical roller bearings for Arcelor Mittal's new high-capacity hot-strip steel rolling mill in Krakow, Poland. Timken received the $2-million contract from Siemens Metals Technologies, which is building the mill.
Timken bearings have been installed in various locations throughout the mill, including the roll stands, cutting sheers, and the coilers. The mill is scheduled to be commissioned later this quarter.
Arcelor Mittalinvested around 300 million euros, or about $400 million USD, in construction of the Krakow mill. Constructed as part of a comprehensive modernization program, the mill is the first hot-rolled facility to be built in Europe in 10 years.
Producing a steel strip width of up to 2100 mm, or 84 inches, the mill turns out some of the widest finished products in Europe for carbon, stainless, and special-steel grades to meet the higher quality needs of the automotive, petroleum and fuel industries.
The new mill will significantly reduce operating costs for Arcelor Mittal, while producing 2.4 million tons of steel annually, which is approximately 20% of total steel production in Poland.
Luxembourg-based Arcelor Mittal is the world's largest steelmaker.
Siemens Metals Technologies (MT), a division of the Siemens Industrial Solutions and Services (I&S) Group, is one of the world's leading engineering and plant-building companies for the iron and steel industry as well as for the flat-rolling sector of the aluminum industry and for open-cast mining. MT, which was created from the integration of Voest-Alpine Industrieanlagenbau, Austria, plus Siemens’ electrical engineering product business and automation solutions, provides a comprehensive range of supplies and services for all related technological processes and integrated automation solutions for the entire life-cycle of metallurgical plants.
Timken supplies innovative friction management and power transmission products and services. Timken’s approximately 25,000 employees generated sales of $5.0 billion in 2006 from its operations in 26 countries.
