Bluescope invests $5m in coil plate steel equipment

BlueScope is to invest in stretch-levelling technology to improve the quality of its coil plate steel.

BlueScope is to invest in stretch-levelling technology to improve the quality of its coil plate steel.

BlueScope is investing in new equipment to improve the quality and consistency of its coil plate steel product produced at Port Kembla.

In another sign of the company's continuing recovery, the steel maker will spend more than $5 million to install a new stretch-levelling processing line to boost the quality of its product to what BlueScope calls an industry-leading standard.

The new line, to be installed adjacent to the Hot Strip Mill at the Port Kembla Steelworks, is en route from the US and is expected to be operational by October.

The move was made after customers wanted more consistent product, and BlueScope manager of manufacturing, construction and mining Ken Liddle said BlueScope had listened.

"Our customers have a preference to buy locally made high-quality steel and through this investment we are able to offer them such a product," Mr Liddle said.

"The flatness and consistency of stretch-levelling is particularly suited to the industry's growing preference towards laser cutting and will be appreciated by our customers."

BlueScope said the new equipment meant it could provide its domestic coil plate customers with an industry-leading standard of consistently flat steel, with improved cutting, bending and press-forming performance.

Once the new processing line was operational, customers would be able to order smaller quantities with shorter lead times, BlueScope said.

Smartphone
Tablet - Narrow
Tablet - Wide
Desktop