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October 17, 2007

Siemens Awarded Contract From Steel Dynamics For New 4-Strand Caster

ATLANTA -- Siemens announced today it was awarded a contract by Steel Dynamics, Inc. (SDI), to engineer and manufacture a new 4-strand billet/bloom casting machine for its Structural and Rail Division in Columbia City, Ind.  Start-up of the casting machine is slated to occur during the first quarter of 2009. The contract amount has not been disclosed.

This project is part of the $75 million investment approved by SDI’s Board of Directors in July 2007 to increase the mill’s combined production capacity for structural steel and rail product to 2 million tons annually.

With the addition of this second caster at the Columbia City facility, SDI will be able to provide steel to both of its rolling mills, each with a planned production capacity of 1 million tons per year. The design of the new casting machine will enable SDI to produce high quality rails at its Columbia City facility.

The new Siemens supplied 4-strand billet/bloom caster will introduce several technological innovations to North America for billet and  bloom casting; including the first Dynamic Soft Reduction application and the first DynaGap (2 module) unit for bloom casting.

Siemens will provide engineering and equipment, including plate molds, external MEMS, hydraulic oscillation, air-mist secondary cooling and DynaSpeed Metallurgical Cooling Model, DynaGap soft reduction, cassette-type soft reduction units, full level II system and technological models, and Siemens modular PLC architecture.  SDI is responsible for construction and installation. The Siemens caster will be installed initially with four strands and designed for expansion to five strands as warranted by market conditions.

“SDI currently has several projects underway with Siemens,” said Kevin Perala, SDI Columbia City – Manager Melting & Casting. “We chose Siemens based on its proven technology for casting high-quality blooms.”

In March, Siemens announced the award of a contract by SDI to add a fourth strand to an existing three-strand bloom/beam blank caster also at the Columbia City facility.  This project is currently scheduled for commissioning in the fourth quarter of 2007.

Steel Dynamics, Inc. is the nation’s fifth largest producer of carbon steel products with 2006 annual revenues of $3.4 billion and annual shipments of 4.7 million tons.  SDI’s steel manufacturing operations consist of five electric-furnace mini-mills and these facilities employ approximately 2,500 individuals.

 
 

Contact Information:

For Media Inquiries:

Michael Krampe
Press and Analyst Relations
Call: 770-751-2211  
3333 Old Milton Parkway
Alpharetta, GA 30005

michael.krampe@siemens.com