14,393.85 TRY BIST 100 BIST 100
56.28 EUR EUR EUR
48.52 USD USD USD
7.27 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
39.76 TRY Interest Interest
105.61 USD Fossil Oil Fossil Oil
6.59 USD Copper Copper
100.22 TRY Silver Silver
98.02 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
97.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Thyssenkrupp Steel establishes an electrical steel production plant in Bochum

Thyssenkrupp Steel establishes an electrical steel production plant in Bochum

Thyssenkrupp Steel has started laying the foundation for a new annealing and insulating line at its Bochum plant. With an investment of 150 million Euros ($ 161 million), the company plans to bring Bochum to the top in the field of silicon steel production.

According to Thyssenkrupp Steel's claims, the new production unit will be able to produce silicon steel strip, which has particularly homogeneous and magnetic properties, and is further thinned than its current form, and the material produced will be used in the improvement of high-efficiency engines, especially used in electric vehicles.

Thyssenkrupp explained that the process planned to be carried out in its new facility will be carried out in the form of recrystallization of the microstructure of the cold rolled strip during annealing and then integrating it into the desired texture. Said the process was terminated.

The facility, whose technology supplier is SMS Group, will be completed in 2024. According to the plans made by the company for its new production facility, it is said that in the long term, it will produce 218,000 tons/year of non-grained silicon steel strip. . The width of the silica sheet strips to be produced is expected to be between 700 mm and 1,350 mm, and their thicknesses are expected to vary between 0.2 mm and 1 mm.

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

Tuflesa signs agreement with SMS group to modernize its ERW pipe line

Monday, August 31, 2026

ŞA-RA Enerji signed new contracts worth more than TRY 4 billion in a single month

Wednesday, August 26, 2026

Türkiye Emission Trading System Regulation published

Thursday, August 27, 2026

Von der Leyen: Energy costs must be reduced to strengthen European industry’s competitiveness

Friday, August 28, 2026

COP31 targets increasing global circular material use to 15% as part of green industrialization

Thursday, August 27, 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