PSI Awarded Contract in Steel Sector from SMS Siemag for India

Steel works Production planning system for VIZAG Steel

Berlin, 2 April 2009 – PSI has been contracted by SMS Siemag, a company in the SMS Group, with providing planning modules from the industry sector solution PSImetals for the Visakhapatnam Steel Plant (VIZAG Steel) which is under construction. These will be integrated in the Level 3 solution of SMS Siemag. The object of the contract is the planning of all the systems from the desulphurisation through the converter, secondary metallurgy and continuous casting plants with the aim of optimising the throughput.

SMS Siemag supplies entire plants and single components for ironworks and rolling mills. The Visakhapatnam (VIZAG Steel) steel plant belongs to the Rashtriya Ispat Nigam Ltd. and by the end of 2011 will have expanded its capacity from the current 3 million tons to 6.3 million tons by means of building a second steel mill.

With this contract PSI has succeeded in entering the high-growth Indian steel industry. In 2007 India was the fifth largest steel producer in the world. The Indian government plans to double steel capacity to about 110 million tons by 2020.

PSI AG develops and integrates complete solutions, on the basis of its own software products, for the management of energy networks (electricity, gas, oil, heat, water), cross-company production management (metals, automotive, mechanical engineering, logistics) and infrastructure management for telecommunications, transport and safety. PSI was founded in 1969 and employs more than 1,100 persons in the group.