The opening of the Constistretch facility of OneSteel Market Mills at Mayfield, will deliver the company’s Steel in Concrete customers an improved and safer product.
“More than $10 million capital investment was originally approved on the basis of improving our value proposition to our customers and the mitigation of price fluctuations in vanadium alloy, an input in the Steelmaking process,” said OneSteel Market Mills’ Business General Manager, John Barbagello.
“What we have ended up with, however, is a process that creates a cost effective and superior product compared to imported competition.
“In the Contistretch process, steel reinforcing bar is stretched to achieve the properties as specified by the Australian Standard.
“Prior to the introduction of this technology, we added significant alloys in our Steel making processes to achieve the same outcome.
“The Contistretch technology is the first of its kind in Australia and is made by renowned German manufacturer, Koch, who has installed more than 60 units worldwide.
“The development of the facility has created 16 new jobs at OneSteel, including three leadership roles and thirteen operating roles. The initial plan is to utilise the new process on a three-shift operation across five days.
“Under initial production estimates, the facility will produce 125,000 tonnes per annum of high quality, spooled, reinforcing bar. However, the merger of OneSteel with Smorgon has created possibilities for increased production,” said John Barbagallo.
Facts about Contistretch:
Recycling plant commissioned by Thomas Plastics (29-Aug-2008)
Custom mould design services from Thomas Plastics (28-Aug-2008)