Tangshan, May 27, 2021

Primetals Tangshan Technology Services and HBIS Wusteel sign maintenance service contracts

• Will provide maintenance service to HBIS Wusteel for three plate steel casters
• Duration of initial term is ten years
• Services will increase equipment lifetime and improve product quality

In March and April, HBIS Wusteel (Wusteel) has placed orders with Primetals Tangshan Technology Services Ltd. (PTTS) to supply maintenance services for three continuous casters in the steel plants No. 1 and No 2 in Wuyang, Henan Province, China. The casters produce plate steel, having production capacities between one million and three million metric tons of steel per year. The aims are to increase equipment lifetime and improve product quality. To this end, PTTS dispatches technical experts, skilled workers and delivers inspection and testing tools to Wusteel. The duration of the initial term of the maintenance contracts is ten years.

Wusteel is part of the HBIS Group Co., Ltd, one the largest steel producers in the world. It is focused on high quality and special steel products, and an important heavy plate production site.

PTTS, established in September 2017, is a joint venture between Primetals Technologies and HBIS Tangsteel. The joint venture is headquartered in Tangshan and operates in several locations in China. PTTS provides comprehensive technology-based services in off-line maintenance, equipment refurbishment, condition monitoring, as well as operational support for slab casters of Tangsteel and other customers. The company with its approximately 500 employees uses proprietary Primetals Technologies maintenance technologies and know how, with the purpose of further improving operational efficiency and product quality.

HBIS Wusteel in Wuyang, China. Primetals Tangshan Technology Services Ltd. will provide maintenance services for three casters for the next 10 years. (Photo courtesy HBIS Wusteel)

HBIS Tangsteel, headquartered in Tangshan, P.R. China is China’s super large steel enterprise and the backbone of the HBIS Group. HBIS Tangsteel has the annual capacity of 18 million tons, which includes four categories: the flat, bar, wire & rod and section. The main products are high strength auto sheet, hot-rolled & cold-rolled sheet, galvanized sheet, color coated sheet, medium and heavy plate, stainless steel strip, bar, wire and section products, in a variety of 140 types, in which quality flats account for 60%. The products are widely used in construction, automobile, coal, machinery, electricity, transportation and household appliances, and other fields to markets of Europe, America, Africa, Southeast Asia etc. more than 150 countries and regions. HBIS Tangsteel has 33,000 registered employees, including steel business and non-steel business. Further information is available on the Internet at www.tangsteel.com/en/.

Primetals Technologies, Limited, headquartered in London, United Kingdom, is a pioneer and world leader in the fields of engineering, plant building, and the provision of lifecycle services for the metals industry. The company offers a complete technology, product, and services portfolio that includes integrated electrics and automation, digitalization, and environmental solutions. This covers every step of the iron and steel production chain—from the raw materials to the finished product—and includes the latest rolling solutions for the nonferrous metals sector. Primetals Technologies is a joint venture of Mitsubishi Heavy Industries and partners, with around 7,000 employees worldwide. To learn more about Primetals Technologies, visit the company website www.primetals.com.