Shandong Laigang Yongfeng Steel Corporation (YONGFENG), operates as a subsidiary of YONGFENG Group Ltd., based in Dezhou, P.R. China. YONGFENG as a private company has placed an order for two five strands continuous casting machines to SMS Concast and one TMbaR mill from SMS group.
The new equipment will be part of a capacity conversion program, where a new minimill with electric arc furnace (EAF) is intended to replace the existing production facilities with state-of-the-art technology. The new plant will produce 870,000 tpy of a large variety of demanding high-quality SBQ steel grades including bearing steel out of continuous caster CC#1. The continuous caster CC#2 will be dedicated to rebar grades and is aimed to cast 1,000,000 tpy. The 165 mm sq. billets produced will be further transformed into bars by the new TMbaR rolling mill. This includes straight bars with diameters between 8 and 25 millimeters to be rolled at a maximum speed of 45 meters per second and bar-in-coil in diameters ranging from 8 to 32 millimeters to be rolled at a maximum speed of 35 meters per second.