Business Services Industry
CHINA: CONSTRUCTION PLANS FOR PROPOSED 350,000 METRIC TON PER YEAR WIRE ROD MILL, MORGAN CONSTRUCTION CO. [USA] - order #: 049700.
WWP-Business Opportunities in Asia & the Pacific, April, 2000
PROJECT OVERVIEW:
The local HANGZHOU IRON & STEEL GROUP CO. is currently gearing-up to build another wire mill in China. In so doing, the company recently awarded a construction contract to U.S.-based MORGAN CONSTRUCTION CO. which has already built 10 wire rod mills in China up until now.
According to the terms of the award, MORGAN will be responsible for building a mill with an installed production capacity of 350,000 metric tons per year. The factory in question will reportedly be designed to enable the production of single-strand, high-speed wire rod. Product output will consist of alloys tools and high-tensile strength quality rod.
The complex will be configured with: - An 8-strand no-twist mill; - A 4-strand reducing-sizing mill; -...
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