SMS Concast received order from El Marakby Steel
SMS Concast supplies the first electric arc furnace to long steel producer El Marakby Steel in Giza, Egypt. With a capacity of 350,000 tpy, the new furnace broadens El Marakby’s portfolio and strengthens the company´s competitive position.
The new meltshop will be used to feed El Marakby’s rebar mill with 130-mm square billets. The mill has a capacity of 240,000 tpy. Excess billet output will be sold to the open market.
The huge lack of power supply in Egypt challenges the production of billets. The electric arc furnace of SMS Concast offers recovery technology that fulfills the most stringent environmental regulations and contributes towards resource efficiency in steel production.
‟We have had a political revolution, so it’s normal to have problems afterwards,” says Hassan El Marakby, Deputy CEO of El Marakby Steel. ‟In order to survive, skin-pass mills need to be integrated to create more added-value. With SMS Concast we have found a true partner to develop our business.”
Scrap from the Unites States and Europe will be used in the new furnace of El Marakby Steel. It will also be possible to load the furnace with scrap substitute up to 20 %.
Commissioning of the new furnace is scheduled for the end of 2013.
SMS Siemag AG and SMS Meer GmbH are both companies of SMS group which, under the roof of SMS Holding GmbH, consists of a group of companies internationally active in plant construction and mechanical engineering for the steel and nonferrous metals industry.