Morgan to Build Hangzhou's First Wire Rod Mill
WORCESTER, Mass., January 6, 2000

Morgan Construction Company has received a major contract from Hangzhou Iron & Steel Group Co., Hangzhou, People's Republic of China, to design and build that company's first high-speed wire rod mill.

This new single-strand mill is designed to produce alloy tools and high tensile strength quality rod at a finishing speed of up to 120 meters per second. With a product capacity of 350,000 tonnes a year, it will produce 5.5 mm to 20.0 mm rod with a tolerance of +/-0.1 mm for use as tire cord and other products in international markets.

In announcing the contract, Daniel M. Morgan, Senior Vice President, Sales & Marketing, said, "This mill, which represents the latest in steel-producing quality, includes Morgan's patented Reducing/Sizing Mill (RSM), which will be located after the No-Twist® Mill (NTM) rod mill. Subsequent to this contract, Hangzhou also ordered two 2-stand pre-finishing mini blocks from Morgan.

"Specifically, the contract calls for an eight-stand NTM, a four-stand RSM, water boxes, a high-speed laying head, a ten-zone Stelmor( Controlled Cooling System, and a Morgan Ring Distributor System."

He added, "The Morgan technology will give the mill the capability to produce coils weighing 2,300 kg. Morgan expects to ship most of the mill in August, 2000 with startup in March 2001.

Morgan Construction Company, is a designer and producer of high-quality rolling mill products and services for the metal industry worldwide.

Questions or comments can be e-mailed to: sales@morganco.com