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Eastern European Markets
NEWS RELEASE
December 12. 2005

KCI Konecranes receives major order for Mittal Steel in Poland

KCI Konecranes supplies eight steel mill cranes to Mittal Steel in Poland. The customer is SMS Demag AG (Germany), who is responsible for the whole project. The project is a turnkey contract and includes a two-strand slab caster for the Dabrowa Gornicza Works (formerly Huta Katowice). Mittal Steel is the world’s largest carbon steel producer and for KCI Konecranes this is one of the largest orders ever to a steel mill in Central Europe. The value of the order is not disclosed.

As part of an extensive modernization scheme, Mittal Steel's Dabrowa Gornicza Works will start to produce flat steel products. Mittal Steel contracted SMS Demag for the turnkey supply of a two-strand slab caster, which will double the production capacity at Dabrowa Gornicza works. SMS-Demag is a world-leading producer of equipment for metallurgical plants and rolling mills. The plant will have an annual production volume of approximately 3 million tons of slabs.

KCI Konecranes supplies the cranes as part of the turnkey delivery by SMS-Demag. Two cranes will be used for maintenance purposes and the remaining in the handling process.

The cranes have high duty ratings with lifting capacities up to 70 tons and are designed to operate in hot environments. Five cranes will handle 1-3 slabs of 900°C simultaneously and the sixth crane is equipped with magnets to handle slabs on the cutting table. All cranes are equipped with KCI Konecranes’ patented inverter frequency control technology; DynAPilot anti sway system and air-conditioned E-rooms. The system enables the handling of large volumes of hot slabs in the new storage area. KCI Konecranes and SMS-Demag are discussing possible modernization services of the existing cranes at the plant.

“During the past years we have cooperated with SMS-Demag and developed crane solutions for the steel industry. SMS-Demag has played an important role in several of KCI Konecranes’ steel mill deliveries, but this is the first large and direct order received through SMS-Demag”, says Petteri Viinanen, Director, Process Cranes Nordic. “At the same time this is our first large delivery to Mittal Steel and we are very happy get an opportunity to supply high performance cranes to the largest steel company in the world”.

About SMS Demag AG
SMS Demag AG is the Metallurgical Plant and Rolling Mill Technology Business Area of the SMS Group. SMS Demag AG is a plant builder and worldwide leader in the steel, aluminium and copper industries, embracing the entire product range from the entire steel-making plant, continuous casting and rolling mills technology, up to finishing lines for hot and cold strip.

About Mittal Steel
Mittal Steel is the world's largest steel company. Mittal Steel encompasses all aspects of modern steelmaking, combining both integrated and mini-mill facilities and producing much of the iron ore and coking coal used in their furnaces. Mittal Steel employs 175,000 people of 45 different nationalities. Their shares are listed on the New York and Amsterdam stock exchanges.

About KCI Konecranes
KCI Konecranes is a world leading crane technology and service company. The company is organized along three business areas, Maintenance Services, Standard Lifting Equipment and Special Cranes. Service is provided for cranes of every make. The product range includes light crane systems, heavy-duty cranes for process industries and shipyards, special harbor cranes for bulk materials and containers as well as mobile container handling equipment like Reach Stackers and Lift Trucks. In 2004, Group sales totalled EUR 728 million. The Group has 5,000 employees in 35 countries all over the world.

For further information:
Petteri Viinanen, Director, Process Cranes Nordic
Email: petteri.viinanen@konecranes.com
or Phone: +358 20 427 4700

www.konecranes.com


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