Jump to content

You are now visiting the Sandvik Group website in English. Would you like to switch to another language site with selected content translated?

Sandvik Steel invests in new cold rolling mill

Sandvik Steel in Sandviken, Sweden has announced that it is to invest SEK 140 M in a new cold rolling mill and annealing equipment.

The new mill, planned to be operational at the beginning of 2001, will produce thin strip steel used principally in the manufacture of catalytic converters.

The investment is designed to make further market growth possible and follows the installation of two cold rolling mills in 1994 and 1996, both of which are producing to full capacity. It has been planned against a background of rapidly growing markets for thin strip steel for catalytic converters and razor blade steel, areas where the market trend is towards the use of thinner strip. The new mill will be able to roll strip down to 0,015 mm thickness and will be able to more than double Sandvik's production of thin strip steel. The new mill will also be used for production of thin Kanthal strip used as heating elements for ceramic top cookers.

"The majority of todays catalytic converters contain ceramic material, but converters with metallic content have several technical advantages. They offer more compact design, shorter starting time, a greater catalytic capacity and result in less power drop. The market for thin strip steel for converters is therefore estimated to increase dramatically", says Per Ericson, President of Sandvik Steel.

Sandviken, 5 May 1999

Sandvik AB; (publ)

Sandvik Steel is one of the world's leading producers and distributors of tube, strip, wire and bar for many advanced applications. The products are made of stainless and high-alloy steels and of special alloys based on nickel, titanium and zirconium. Sandvik Steel has 20 production plants in 11 countries all over the world apart from the main facilities in Sandviken. It employs about 7,300 people, of which 3,800 at the main plants in Sandviken, Sweden.

Sandvik Steel is a separate business sector and is together with Kanthal and Sandvik Process Systems included in the business area Sandvik Specialty Steels within the high-technology Sandvik Group that does business through 300 own companies and representatives in 130 countries. The Group has about 37,000 employees and the turnover amounts to more than
SEK 40,000 M.

We would like your consent

Sandvik and our vendors use cookies (and similar technologies) to collect and process personal data (such as device identifiers, IP addresses, and website interactions) for essential site functions, analyzing site performance, personalizing content, and delivering targeted ads. Some cookies are necessary and can’t be turned off, while others are used only if you consent. The consent-based cookies help us support Sandvik and individualize your website experience. You may accept or reject all such cookies by clicking the appropriate button below. You can also consent to cookies based on their purposes via the manage cookies link below. Visit our cookie privacy policy for more details on how we use cookies.