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New investments in Cuban Iron and Steel Plant

The iron and steel company Antillana de Acero, in the Cuban capital, has benefited from investments to increase production.

As part of the work, a new electric-arc furnace that reduces the casting time by 30 minutes is being tested.

The investments at Antillana de Acero will double production to 500,000 tons during a five-year period.

According to experts, the company will supply 20 percent of exports in Cuba's iron and steel industry.

The first modernization of the plant took place in 1993, when a continuous casting system was installed and two laminators were remodeled.

Source: DTCuba

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