Saarstahl is investing approximately $19 million to expand heat-treatment capacity at Saar-Blankstahl, its subsidiary in Homburg, Germany. The investment includes a roller-hearth furnace for heat treatment; construction of a 4,300-square-meter hall with cranes; and a straightening machine with a corresponding packaging unit. The new heat-treatment plant is scheduled to begin operation in fall 2020.
According to Saarstahl, the investment is in response to increasing demand for heat-treated bar materials for the automotive industry and in mechanical engineering. Saar-Blankstahl specializes in advanced products made from bright bar steel. The company purchases rolled material exclusively from its parent company, Saarstahl AG.