HSS Precision Strip Plant

Erasteel Vikmanshyttan – High-Speed Steel Precision Strip Production Facility
Hilco Industrial is pleased to offer equipment from the former Erasteel Vikmanshyttan facility, one of the world's leading manufacturers of High-Speed Steel (HSS) and ASP precision strip.
Located in Vikmanshyttan, Dalarna County, Sweden, approximately two hours from Stockholm, the facility specialized in the production of premium cold-rolled precision strip for demanding industrial applications.


Following the closure of the Vikmanshyttan plant in 2026, one of the industry's most respected HSS cold rolling and strip processing facilities was removed from the global supply chain. As a result, manufacturers are facing fewer sourcing options, reduced pricing flexibility, and longer lead times for high-quality precision strip.


This sale presents a rare opportunity to acquire proven production equipment from a world-class facility with a long-standing reputation for manufacturing premium HSS and ASP precision strip.


HSS & ASP Precision Strip Specifications
Narrow Strips:

• Width: 6 mm to <25 mm
• Thickness: 0.4–4.0 mm
• Maximum rolling speed: Up to 500 m/min
• Annealing furnaces: UGN 1–3, UGN 5–6
• Cold rolling mills: Konti 1–4
• Steel grades: HSS (M2, M35, T1 and others) and ASP
• Typical applications: Hacksaw blades, bandsaw blades, cutting tools, industrial knives, and springs

Wide Strips:

• Width: 25–100 mm
• Thickness: 0.4–4.5 mm
• Maximum rolling speed: Up to 200 m/min
• Annealing furnaces: PMGA 4 (stretch furnace) and batch furnaces
• Cold rolling mill: Bredbandverk (wide strip mill)
• Steel grades: HSS (M2, M35, T1 and others) and ASP
• Typical applications: Machine hacksaw blades, bandsaw blades, knife material, and other industrial blades

Featured Equipment
The facility includes a comprehensive range of production and support equipment, including:

• 4 Cold Rolling Mills (4Hi & 2Hi) – including tandem rolling lines with speeds up to 500 m/min, processing strip widths from 4–100 mm and thicknesses from 0.4–4.5 mm.
• 9 Annealing Furnace Units – stretch and batch furnaces operating with nitrogen and hydrogen atmospheres, with temperatures up to 1,000°C.
• Inspection, NDT & Finishing Lines – including eddy current inspection, surface grinding, shaving, and coil-to-bundle conversion.
• 2 CRM Work Roll Grinders (WMW, Germany) – together with blanking lines capable of producing up to 240 hacksaw blanks per minute.
• Laboratory & Auxiliary Equipment – including tensile testing equipment, optical microscopes, compressors, punch presses, and other supporting machinery.

This sale offers a unique opportunity to acquire high-quality equipment from a globally recognized producer of HSS and ASP precision strip, suitable for companies looking to expand or establish advanced strip processing capabilities.