UMB Steel orders technology to revive Oțelu Roșu production Romania’s UMB Steel has contracted SMS to provide a Continuous Mill Technology (CMT) 700 mill to enable 700,000 tonnes/year of bars, compact coils, and wire rod production in a continuous endless process. The new unit, the first in Europe, upgrades the existing Oțelu Roșu plant infrastructure by enabling the uninterrupted production of long products from … The post UMB Steel orders technology to revive Oțelu Roșu production first appeared on EUROMETAL.

#LatestUpdates #OțeluRoșu #Romania #UMBSteel UMB Steel orders technology to revive Oțelu Roșu production

ArcelorMittal Hunedoara approves sale of all assets to UMB Steel for €12.5 million Romanian steel producer ArcelorMittal Hunedoara has announced that its board of directors has approved the sale of all company assets to Romania-based UMB Steel for €12.5 million plus value added tax. The board cited the lack of realistic prospects for a turnaround based on available data, the urgent need to curb ongoing losses linked to … The post ArcelorMittal Hunedoara approves sale of all assets to UMB Steel for €12.5 million first appeared on EUROMETAL.

#LatestUpdates #ArcelorMittal #Hunedoara #UMBSteel ArcelorMittal Hunedoara approves sale of all assets to UMB Steel for €12.5 million