Salzgitter Flachstahl steel group has placed an order for a near-net-shape caster (Belt Casting Technology).
It has placed the order with SMS Siemag and it means a different casting concept will be used on an industrial scale for the first time in steelmaking.
It will enable the group to cast High Strength and Ductility (HSD) steel at its Peine, Germany location. Belt Casting Technology saves energy compared to conventional steel production.
Ulrich Grethe, Salzgitter Flachstahl CEO said the use of HSD steel plates helps conserve resources. It means lighter, fuel-efficient vehicles can be built because, compared with conventional steels, light structural steels allow a higher reduction in weight.
Their density is 5% lower than that of conventional steels.
The order includes basic and detail engineering,the supply of the entire mechanical equipment as well as the electrical and automation system, ancillary equipment, construction and cold commissioning in Peine as well as the modification of an existing mill stand for the further processing of near-net-shape strip.