U.K. Sheffield Forgemasters Gets £9M Rolled Steel Contract For ‘Growing Russian Automotive Market’

Posted: January 14, 2015 in Econ 101, Free Trade, Technology and Energy

SOURCE: http://www.materialsforengineering.co.uk/engineering-materials-news/9m-russian-rolls-contract-for-sheffield-forgemasters-engineering-firm/72418/

SEE ALSO:  Ford To Roll Out 6 New Models in Russia

SEE ALSO:  Kia is Now Russia’s Best-selling Car


.

£9m Russian rolls contract for Sheffield engineering firm

.

12 January 2015

Sheffield Forgemasters has secured contracts for forged steel rolls with Russia worth more than £9 million.

The orders, for deliveries later this year, are from Russian steel producing giants, Severstal and Magnitogorsk Iron and Steel Works (MMK). The rolls will be used in the production of steel for the growing Russian automotive industry.

Securing the orders comes in succession to a German castings order of £12 million awarded to Sheffield Forgemasters in September last year.

Dr Steve Price, sales director at Sheffield Forgemasters, said: “Winning these contracts is a great coup for Sheffield Forgemasters and comes after several years of difficult trading conditions in the global forgings and castings industry, which is still having a negative effect for many businesses.

“We are the world’s largest supplier of steel rolls into Russia and it is a great testament to our team here, and the strength of our manufacturing excellence that both Severstal and MMK continue to place high value orders here in the UK.”

Work rolls form the direct surface contact within a cold rolling mill, reducing previously hot rolled steel band to create a broad range of steel sheet to be used primarily in the automotive industry. The larger back-up rolls will work within the same rolling mills and apply the required pressure to the work rolls.

Dr Price added: “We will be supplying more than 170 rolls in total and the contracts will provide a healthy amount of work for our heavy forge, machine shops and work rolls departments which are all based at Brightside Lane in Sheffield.”

Sheffield Forgemasters is a world leader in the supply of steel rolls and the only UK company capable of forging large back-up rolls, which weigh more than 200 tonnes.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s