Name of the Project
Bochum plant annealing and isolating line project.

Location
Bochum, Germany.

Project Owner/s
thyssenkrupp Steel.

Project Description
The project forms part of the major investments within thyssenkrupp’s Steel Strategy 20-30.

The modern and energy efficient annealing and isolating line will be capable of producing even thinner electrical steel strips, with particularly homogeneous mechanical and magnetic properties.

The plant will produce up to 218 000 t/y of nongrain-orientated electrical steel. The electrical steel is designed to meet the requirements of highly efficient motors used primarily in electric vehicles.

Potential Job Creation
The project will create an estimated 70 new skilled jobs.

Capital Expenditure
€150-million.

Planned Start/End Date
The new annealing and isolating line is scheduled to start operations in 2024.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
SMS Group (construction contract).

Contact Details for Project Information
thyssenkrupp Steel +49 203 52 25159.