Fives will design and supply a cold annealing and pickling line (CAPL) with a production capacity of 500,000 tons per year.
China’s Foshan Chengde Stainless Steel Co. will utilize the CAPL to produce 200, 300 and 400 series stainless steel products for applications in the construction, automotive, household appliance, medical equipment, high speed rail and aviation industries. The line is scheduled to start up before the end of the year.
Fives is responsible for project management as well as design and supply of an annealing furnace and terminal equipment, including inline skin-pass equipment. The skin-pass mill will remove the yield-point elongation effect and improve the strip-surface roughness and flatness.
The equipment will be manufactured by a Fives’ subsidiary in Shanghai.