13,297.41 TRY BIST 100 BIST 100
54.32 EUR EUR EUR
47.41 USD USD USD
7.06 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
42.00 TRY Interest Interest
87.77 USD Fossil Oil Fossil Oil
6.51 USD Copper Copper
88.75 USD Silver Silver
95.35 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
95.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Thyssenkrupp and SMS Group collaboration for high efficiency electrical steel production

German steel giant Thyssenkrupp has successfully launched an electrical steel strip processing line supplied by SMS group as part of the modernization of its plant in Bochum.

Thyssenkrupp and SMS Group collaboration for high efficiency electrical steel production

The new production line streamlines NGO electrical steel production and provides material for energy efficient motors. With an annual capacity of 200,000 tons, steel strips with a thickness of 0.20-1.00 mm can be processed, while this technology provides a solution for energy efficient motors by producing high quality electrical steel sheets. Under the modernization, the rolling mill with reversing stand was completed and the inspection line was commissioned. In 2026, it was announced that a finishing line for special cuts will be commissioned.

Dr. Harald Espenhahn, thyssenkrupp Steel Europe, emphasized: “The successful commissioning of this state-of-the-art production line underlines the effective collaboration between our teams.” “This plant not only represents a major step forward in our production capacities, but also enables us to produce high-quality NGO steels that allow our customers to meet the changing demands of the market and develop energy-efficient products.”

COO Europe of SMS Group, Simone Scheidgen, added: "The cooperation with thyssenkrupp Steel Europe has once again proven to be a positive experience of collaborative partnership. The synergy between our teams has resulted in a facility that meets our common goals of technological progress and sustainability."
SMS group's new production line not only enables thyssenkrupp Steel Europe to achieve its strategic goals, but also drives a sustainable future by promoting the development of environmentally friendly and innovative materials.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Tosyalı DRI II plant sets new production record among MIDREX® plants

Friday, July 31, 2026

India's steel production and consumption continue to grow in the first quarter of the fiscal year

Friday, July 31, 2026

UNESID: Incorrect product classification may create an approximately EUR 300/mt difference in CBAM liability

Friday, July 31, 2026

AISI: China's "no overcapacity" report does not reflect reality

Friday, July 31, 2026

Gong ceremony held at Borsa Istanbul for Kardemir Çelik

Friday, July 31, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now