Amsterdam, Netherlands – 02 December 2025 – Hilco Industrial, a global leader in industrial asset sales and advisory services and part of Hilco Global, an ORIX Company, announces the exclusive sale of a state-of-the-art high-speed wire-rod and bar-in-coil rolling mill following the closure of FNsteel Rolling mill operations in July 2025. This turnkey production facility represents an exceptional opportunity for steel producers seeking immediate capacity expansion with minimal integration risk.
Proven performance, immediate availability
This complete rolling mill system offers buyers a strategic pathway to enter or expand in high-demand wire-rod and bar-in-coil markets. With documented production of up to 500,000 tonnes annually and recent technology upgrades completed in 2024, the facility provides:
- Immediate production capability – fully operational until July 2025, with comprehensive documentation and maintenance records
- Broad product flexibility – dual-line configuration covering Ø 5.5–30.0 mm diameter range
- Modern control systems – recently upgraded motors, drives, and quality measurement technology reduce commissioning time and risk
- Proven reliability – established performance in demanding European market conditions
Market Opportunity
Global demand for wire-rod and bar-in-coil products continues to strengthen across automotive fasteners, construction reinforcement, speciality steel applications, ball bearings and industrial components. This mill’s high-speed capability and flexible diameter range enable buyers to capture market share with superior lead times and consistent quality backed by advanced inline inspection systems.
Complete Asset Package
Rolling mill configuration:
- Manufacturers: SMS-Primetals-Danieli integrated system
- Annual capacity: 400,000+ tonnes
- Dual production lines:
- Morgan Wire-Rod Line: Ø 5.5–16.0 mm at speeds up to 100 m/s
- Garret Bar-in-Coil Line: Ø 16.5–30.0 mm at speeds up to 18 m/s
- Recent capital investments:
- 2024: intermediate mill motors & drive systems MES system with Scada upgrade
- 2019: laser diameter measurement system
- 2011: Eddy current testing system
- Current location: Netherlands (operational until July 2025)
Virtual Tour & Documentation Available
Interested buyers can access:
- 3D virtual facility tour – explore the complete mill layout and equipment configuration (link)
- Comprehensive asset catalogue – detailed specifications, maintenance records, and production data (link)
- On-site inspection coordination – arrange guided technical visits with our project team
Contact:
For specification packages, virtual tour access, or to schedule an on-site inspection:
Project Manager
Michael Bouland
Executive Vice President
Hilco Industrial
Jan van Goyenkade 10
1075 HP Amsterdam, Netherlands
Tel: +31 (0)20 470 0989
Email: infohia@hilcoglobal.com
About Hilco Industrial
Hilco Industrial is a global leader in industrial asset acquisition, disposition, and advisory services, serving clients across manufacturing, metals, energy, and infrastructure sectors. As part of Hilco Global and the ORIX Corporation USA family of companies, Hilco Industrial leverages an international network of buyers and industry expertise to deliver value-maximizing solutions worldwide.
