ERASTEEL in China

Erasteel has recently commissioned its new high-speed steel drawing shop in Tianjin (Hebei Province).

Incorporated under the name of Erasteel Innovative Materials, these 100% owned green-field facilities, which represent an investment of more than 10 M€, imports wire rod from Erasteel European production sites and draw it to customers’ size bars and coils. These products will be supplied, on a daily basis, to the top-quality industrial cutting tool market, in China and for export throughout Asia.

Through this investment in China, Erasteel, a subsidiary of ERAMET, reinforces its position of worldwide market leader in high-quality high-speed steel, to support the rapid growth of its Asian customers.