Svenskt Stal AB (SSAB) has awarded Siemens a contract for more than $14 million for a Vacuum Tank Degassing (VTD) facility for its Mobile, Ala. facility. Siemens is scheduled to complete the VTD project in May 2010. This VTD project is part of a major investment program announced by SSAB in August 2008 with the aim to further develop the company's production base in Sweden and the United States. The investment will result in a major increase of the volume of quenched and tempered steels. The installation of the VTD facility will enable SSAB to provide more value-added products to yia olbsiwkgy.
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