SCHMOLZ + BICKENBACH announces large investment at Swiss Steel
(WorldNews Switzerland)

09 March 2017 SCHMOLZ + BICKENBACH, a global leader in special long steel, announced a major investment in its subsidiary, Swiss Steel, today. At around CHF 49 million, a new walking beam furnace and two new Garrett coilers will be installed at the Emmenbrücke site in Switzerland. The investment further strengthens the location. With the investment, Swiss Steel is updating its facilities with state-of-the-art technology, resulting in one of the most modern facilities in the world. The production potential for special steels is increased by around 8%. The new walking beam furnace allows optimal and more...