Primetals Technologies sells three high-speed wire rod mills to Chinese customer

To consolidate its market position by upgrading its existing production capacity, a customer in the People’s Republic of China has signed a contract with Primetals Technologies for three high-speed wire rod mills in the northern region. The new mills improved thermo-mechanical rolling capabilities will complement additional mills moving into the company’s main production base. Start-up is expected in mid- to late 2020.