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Germany's Moselstahlwerk has put up for sale a steelmaking plant with a capacity of 560,000 tons

Germany's Moselstahlwerk has put up for sale a steelmaking plant with a capacity of 560,000 tons

German steel company MSW Moselstahlwerk GmbH has announced the appointment of Amsterdam-based industrial asset management company KRUDO Industrial to manage the international marketing and sale of its electric arc furnace steelmaking facility in Trier, Germany, as part of an ongoing reorganization.

The company includes a melting shop of the Tenova Consteel electric arc furnace with a capacity of 60 tons, equipment for secondary metallurgy and the Danieli installation of the Centro Met Three-thread continuous casting machine. According to KRUDO Industrial, the smelter's production capacity is about 560,000 tons per year and covers the entire production process from scrap loading and smelting to refining and casting of 160 x 160 blanks. мм.

€80 million invested in production modernization долларов

Moselstahlwerk has invested about 80 million euros in modernization and technological development. In 2008, the company underwent modernization aimed at increasing steelmaking capacity and production efficiency. The plant is capable of producing various grades of steel for subsequent use, including wire rod, spring steel, cold-drop products, welding wire, free-cutting steel, prestressed steel and rebar.

KRUDO Industrial will sell equipment worldwide, offering special attention to potential buyers and investors in India, the Middle East, Africa, Asia and the Americas. The smelter is offered for sale under a private contract and can be inspected by qualified interested parties. According to GRUPO Industrial, the sale is aimed at steel producers who seek to expand existing electric steel smelting capacity or establish new production facilities by acquiring and relocating an existing facility.

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