Rolling mill stoppage at SSAB Oxelösund

8/15/2001 11:03 AM EST

On Tuesday, one of the two main motors in the Oxelösund four-high
rolling mill was seriously damaged. Based on a preliminary evaluation of
the breakdown, the stoppage is estimated to last three weeks.

The damage was caused by overheating in the rotor of the motor, the
poles of which now must be repaired. It has not yet been possible to
determine why the overheating occurred. Each of the two main motors has
a power of slightly more than 11 MW. The rotor, measuring 2.5 meters,
has a diameter of 1.5 meters The repair work has begun.

As far as possible, measures have been taken to secure contracted
deliveries. Alternative producers are being contacted for the provision
of replacement materials. Possibilities for changes in delivery plans
and postponement of sub-orders are being investigated in cooperation
with customers.

The financial consequences of the damage are covered by insurance.