SMS group to supply Australia's first CMT® 350 mill

Future Forgeworks’ landmark project, the Swanbank Green Steel Mill Project, will produce rebar steel in an ‘endless process’, says SMS group, in an aim to guarantee low carbon emissions and efficient production.

Following statutory project approvals, work is scheduled to start in early 2025. The project is expected to produce its first bar within 24 months from the commencement date, with full completion anticipated by the end of 2027.

Future Forgeworks’ new mill represents the company’s hopes to set new benchmarks in sustainable steel production in Australia, as well as a bid to meet the increasing demand for sustainable construction materials. The CMT^® technology supplies liquid steel directly to a high-speed caster, which then feeds the rebar rolling mill.

According to SMS group, the CMT^® 350 mill does not require natural gas for billet reheating, thereby achieving a reduction in CO₂ emissions of up to 30% compared to other rebar mill processes.

“We are very proud to be partnering with SMS group, a global leader in the manufacture of equipment for steel production, renowned worldwide for its future-oriented technologies,’’ said Rohan Richardson, managing director, Future Forgeworks. ‘‘Bringing this proven technology to Queensland significantly underpins the development of our landmark Swanbank project, in line with our goal to deliver Queensland’s first green steel mill. Through the application of the SMS technology, Future Forgeworks’ project will make a considerable contribution to decarbonization efforts by reducing emissions by approximately 90% when compared to the current domestic market”.

“The partnership between SMS group and Future Forgeworks is set to initiate a fruitful and innovative collaboration. Our project will strengthen Australia’s position at the forefront of sustainable steel production,” added Bernhard Steenken, chief strategy officer, APAC & MEA, SMS group.