Xin Yu Steel, founded in 1950, is an integrated steel plant with an annual capacity of four million tonnes and located 800 km from Shanghai.
From the outset, Xin Yu Steel has been specialized in long products (bars, profiles…) and since 2005 has decided to extend its production to flat products through the acquisition of a hot rolling mill that started operations in 2008, a cold rolling mill currently being commissioned, and last but not least a continuous strip annealing line to be supplied within the scope of a contract won by Fives Stein.
The contract signed by Fives Stein in May 2009 with Xin Yu Steel relates to the supply (engineering, key equipment, assembly supervision and commissioning) of a vertical furnace for a new continuous carbon-steel strip annealing line with a capacity of 750,000 tonnes per year.
With this order, Fives Stein strengthens its leadership in the area of vertical annealing furnaces for continuous tinplate and sheet-metal annealing lines: Out of the 11 continuous annealing lines built in the world since 2005, nine are equipped with vertical furnaces with Fives Stein Digital technology.