Spain’s Network Steel upgrades pre-painted coil mill

Spanish coil processing company Network Steel (NS) will replace two gas reheating furnaces at its Coated Solutions plant in Aranda del Duero, Kalllanish learns from the company.

The unit’s equipment upgrade will start in September and will last one month. The investment is valued at €2.5 million ($2.73m).

“The project includes the replacement of the furnaces for the special steel production with new generation technology. The new ones will improve the plant’s efficiency and reduce gas consumption,” the company says.

After the modernisation, the Aranda Coated Solutions (ACS) subsidiary will increase its production capacity by 30,000 tonnes/year to 130,000 t/y of pre-painted coil.

During the upgrade, operations at the plant will be temporarily halted, although the closure will not affect employees and there will be no layoffs, NS confirms.

“Negotiations are underway with workers about the possibility of collective holidays or making up the hours not worked at a later date. There will be no temporary layoff scheme (ERTE),” the company explains.

Todor Kirkov Bulgaria

kallanish.com