FORGEMASTERS has secured a £3 million contract to supply rolls to Russia’s biggest steel company, Severstal.
The multi-million pound deal is for a range of work and back-up rolls which will be supplied to the Russian steel giant’s plant in Cherepovets, north western Russia.
The finished components, which can weigh up to 35 tonnes, will be used in cold rolling mills to roll steel sheets for car manufacturing and white goods.
Ken Brooks, senior sales manager at Forgemasters, said: “This contract forms part of a three-year development of business between Sheffield Forgemasters and Severstal which is worth £15.5m in total. We first began working with Severstal in 1999 and Forgemasters now supply more forged steel rolls to Severstal than any other roll maker.
“This new contract is testimony to the strength of our relationship as well as our position within the wider Russian steel market. Forgemasters is now responsible for providing 70 per cent of Severstal’s entire forged steel roll requirement.
“Russia’s demand for domestic steel is enormous and we can use our expertise and state-of-the-art techniques to deliver the highest quality products.”