Tata Steel Ltd.

BSE: 500470 | NSE: TATASTEEL
Large Cap | Steel & Iron Products
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Tata Steel to process advanced and ultra high-strength steels

Date: 01-07-2014

Tata Steel has unveiled its new slitting line to process advanced and ultra high-strength steels. The opening demonstrates the company’s support for German and other European car manufacturers and its commitment to present and future innovation. The slitter and associated expansion at the steel producer’s Ruhr-based Steel Service Center in Gelsenkirchen, Germany was officially inaugurated after an investment of euro 9.5 million. As well as raising the service centre’s capacity, the new line will also expand its processing capabilities.

The new slitting line - the centre’s second - is specially geared up to process advanced and ultra high-strength steels, which are used to manufacture demanding automotive applications used in chassis, suspension, wheels and seats. They include advanced high strength steels with unique forming capabilities for chassis and cold rolled advanced high strength steels for light-weight seat components. The new slitter, which led to the creation of 30 new jobs, will be able to process steel coil in thicknesses of 0.4-4mm and widths of up to 1,650mm, with a maximum yield strength of 1,400N/mm2.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.