Steel: Fives reinforces its leading position in India
In 2015, Fives signed new contracts to design and supply four new reheating furnaces. The Group will supply two reheating furnaces for the Steel Authority of India (SAIL) Rourkela Steel Plant, and two others for another major Indian steelmaker in the western coast.
Primetals Technologies Japan has entrusted Fives with design and supply of two walking beam furnaces of 300 tons per hour capacity each for reheating high quality steel slabs. These two furnaces will serve a new hot strip mill of 3 million tons per year to be installed at the Rourkela Steel Plant, which is located in the eastern state of Odisha. The new hot strip mill, scheduled for commissioning in 2018, will provide high quality coils for a proposed autosheet joint-venture with ArcelorMittal.
Fives will supply its Stein Digit@l Furnace® AT technology, equipped with the AdvanTek® combustion system and controlled by the level 2 Virtuo® Edge-R package, ensuring optimum reheating of the slabs with minimum environmental impact. The AdvanTek® burners provide a unique feature of fuel flexibility allowing the customer to use available fuels most efficiently and easily switch between low calorific value mixed gas and heavy fuel oil.
In 2014, Stein Digit@l Furnace® AT technology was awarded the Engineered Sustainability® brand for being the best-in-class product in terms of environmental performance.