Press releases

Recently, VÚHŽ as a subsidiary company of Třinecké železárny, has started to modernise the rolling mill of special profiles. Investments will amount to CZK 83 million and it is predicted to increase mill capacity by fifty percent. Simultaneously, the company is going to widen its product portfolio to the larger and more complex shape profiles to gain safety at work.

Třinecké železárny (TŽ) sold goods and services in amount of CZK 32.217 billion in 2016. It is 4.7 billion less than in 2015. This is due to the fall in steel prices in the markets due to overproduction in Europe as well as in the third countries. Yesterday, the TŽ General Meeting concluded the fiscal year of 2016 with a positive result of CZK 1.44 billion after tax.

The night on August 1, the blooming mill finally stopped. This year's biggest investment in Třinecké železárny – the modernization of the plant, which is called the heart of all rolling mills by the rolling mill employees – has begun. This rolling mill processes up to 600 thousand tons of steel of the heaviest profiles such as blooms and slabs, inputs to the reversing mill to be transformed into the billets or rails. The obsolete rolling mill needs a complete replacement. The investment amounts to CZK 700 million.

The construction of the new hall and facilities as well as the expansion of the existing production capacity by 17,000 tons is planned for the operation of the Třinecké železárny Steel Drawing Plant in Staré Město u Uherského Hradiště. The reason for ti is growing demand for drawn steel, which is mainly used in the automotive industry, but also in engineering, or manufacturing of screws, furniture and threaded rods.

This morning, the first heated steel bloom has passed through the modernized rolling mill in Třinecké železárny (TŽ). So-called hot tests have begun to check if the newly installed technology is working properly.

he Třinec steel producer has purchased the Czech company Brück AM, Zámrsk in the Pardubice Region. The company produces various components, especially for the wind power sector, in the form of bearing rings. Třinecké železárny is a long-time supplier of steel and intends to further develop the company.

Launching new annealing furnaces, construction of another peeling and finishing line, installation of additional billets grinders and completion of the reconstruction of one of the casting strands owing to the six-hundred-millimetre diameter of cast blooms. These are just four of dozens of investment projects being planned this year at Třinecké železárny. Their total value exceeds 2.5 billion of Czech crowns.