SIDENOR S.A. announces that, after the agreement signed with VELDER Import - Export Ltd and in the context of enhancing its competitive position in the Balkans, its subsidiary company DOJRAN STEEL with registered address in FYROM, proceeded to the purchase, of VELDER installations in Nikolic Doiran, in FYROM.
The installations located within 15 km from the border station of Doiran, include:
- A rolling mill of long products with production capacity of 200.000 tons per year
- A production unit for structural mesh with production capacity of 20.000 tons per year and
- A production unit for lattice girders with production capacity of 10.000 tons per year, as well as warehousing facilities and office space.
SIDENOR S.A. has already proceeded to upgrades of machinery and equipment, aiming at a significant improvement of productivity and product quality. In the future an extensive upgrade is planned, for the production of small profiles and merchant bars.
At present, the unit covers the increased needs for steel construction products in FYROM, Kosovo and Albania.