German plant SMS Group has completed the acquisition of selected technologies and iron and steel business units from Finnish engineering and technology company Metso, strengthening its portfolio of low-emission iron and steel solutions. The acquisition covers Metso Ferrous technologies located in Germany, India, China and Australia and is aimed at strengthening the plant's position as a full-service supplier to sustainable metallurgy.
The plant's manufacturer said it has significantly expanded its process offerings by integrating moving grate granulation, sintering and circulating fluidized bed (CFB) technologies. SMS Group emphasized that these processes are critical to the production of iron ore agglomerates required for both direct reduction routes and traditional ironmaking operations.
The integration allows customers to receive end-to-end solutions from a single technology partner, spanning raw material preparation to finished product systems, the equipment maker said. Commenting on the acquisition, Thomas Hansmann, CTO of SMS Group, said the integration of Metso's metals experts strengthens the company
's research, technological know-how and service capabilities.
