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Recently, China First Heavy Machinery Group Co., Ltd. (CFHMG) has signed a landmark contract with South Korea's Posco Steel for the export of a 5.5-meter rolling mill manufacturing project. This marks China's largest rolling mill ever exported and represents the first time that Chinese manufacturers have provided key production equipment to a world-renowned steel company. The deal highlights China's growing technological capabilities and its increasing presence in the global steel industry.
The 5.5m rolling mill was designed by Germany’s SMS group but manufactured in China, showcasing the country's advanced engineering and industrial expertise. This state-of-the-art wide-plate mill is the largest of its kind globally, weighing a total of 7,173 tons and carrying a contract value of $36.34 million. It consists of two major components: the roughing mill section and the finishing mill section, which are the core parts of the entire rolling line.
The frame of the rolling mill alone weighs 430 tons, a testament to the complexity and scale of the project. Currently, only a handful of companies worldwide, including China First Heavy Machinery and another major Chinese manufacturer, possess the capability to produce such high-precision equipment. The project is expected to be completed by November 2009, further solidifying China's position as a key player in the global steel manufacturing sector.