Siemens VAI Metals Technologies received a contract from the Chinese steel producer Xingtai Iron & Steel Corp., Ltd. (Xingtai Steel) for engineering and the supply of key equipment for a 50-ton-capacity AOD stainless steel converter, a ladle furnace of the same capacity and a 4-strand billet caster. These plants will be part of a new production facility being built at Xingtai in Hebei Province which will enable the company to enter the stainless- and special-steel market for long products. The total order volume is a two-digit-million-euro figure. The new meltshop is scheduled to start up in June 2010.
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