The Italian Embassy in Russia was the venue that hosted the signing of the agreement between Danieli Centro Combustion S.p.A. (Genova) and Magnitogorsk Iron & Steel Works PJSC for the manufacture of four heating furnaces for MMK’s hot rolling mill 2000. The project will be implemented by stages within five years and the overall contract price will exceed 100 million euros.
As per the contract (signed yesterday, 17 January) Danieli, a leading Italian manufacturer for the steel industry, will supply key process equipment and provide supervision and startup services for new reheating furnaces. The first furnace will be commissioned in 2023 and the fourth furnace in 2026. Owing to the technical solutions of Danieli Centro Combustion, a subsidiary of the Danieli Group and a global centre of excellence for heating and process furnaces, the heating quality and reliability of equipment will significantly increase, and fuel consumption will be reduced. Energy saving will be up to 15%. Moreover, material yield will improve due to using state of the art flameless burners, advanced process control human machine interface and reheating optimization model. Magnitogorsk Iron & Steel Works PJSC is leader in the production of steel in the Russian Federation and worldwide, with a large integrated steel making complex, from preparation of iron ore to production of downstream products.
