Trade Resources Industry Views Acerinox Has Announced That It Will Supply Stainless Rebars Worth $15 Million

Acerinox Has Announced That It Will Supply Stainless Rebars Worth $15 Million

Madrid, Spain-based stainless steel producer Acerinox has announced that it will supply stainless rebars worth $15 million for the construction of a new bridge between Hong Kong and Macao, through its Malaysian subsidiary Bahru Stainless.

Bahru Stainless is a stainless steel joint venture between Acerinox (67 percent), Japanese steelmaker Nisshin Steel (30 percent) and Japan-based Metal One (three percent). The phase one of the project commissioned in December 2011 has a production capacity of 240,000 mt per year of which 180,000 mt per year will be cold rolling. Acerinox plans to commission the second phase of the project by the end of the first quarter of the current year, bringing the plant's overall annual melting capacity to 1 million mt and its cold rolling capacity to 600,000 mt.

The Hong Kong-Zuhai-Macau bridge project is an ongoing construction project which consists of a series of bridges and tunnels. The 50 km link between three cities is due for completion in 2015 and will open in 2016.

Stainless rebar is preferably used in critical corrosion zones where the concrete is exposed to salt water as in bridges.

Source: http://www.steelorbis.com/steel-news/latest-news/acerinox-to-supply-stainless-rebar-for-hong-kong_macau-bridge-740682.htm
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Acerinox to Supply Stainless Rebar for Hong Kong-Macau Bridge
Topics: Metallurgy