The coins we hold in our hands almost every day feature delicate engravings, for example of inscriptions and symbols. To ensure that the details on the coins are clear and sharp, they need to be manufactured from high-quality blanks. Waelzholz’s cold rolled steel strip stands out for its precise dimensional tolerance and meticulously finished surfaces, which helps stamping companies efficiently produce blanks of exactly the right quality.
Cold rolled steel strip for coins: precision that pays
“Coins have to meet high technical standards,” explains Dirk Schellhoff, a materials engineer at Waelzholz in Hagen, Germany, who is responsible for the cold rolled steel strip for coinage. “This is because intricate engravings and shiny coin surfaces can only be produced in high quality if the upstream process chain, including configuring the properties of the cold rolled steel strip, is designed to achieve exactly this.” With its focus on outstanding quality, Waelzholz has established itself as a supplier of steel strip for coinage over the course of many years. Material from Waelzholz is used for Brazilian real coins and European cent coins, among others. For over 20 years, the company's Brazilian site Waelzholz Brasmetal has supplied several thousand tons of steel strip for coinage each year that is used to produce 0.25 real and 1 real coins. And our German production site in Hagen recently supplied steel strip for the production of 2 and 5 euro cent coins.
Reliable supply thanks to a redundant, international structure
“One of the relevant special features of this market is project-related orders with short lead times. The central banks, as the ultimate purchasers of the coins, expect perfectly on-time coin production when they place their orders,” reports Frederik Sakuth, who coordinates the worldwide distribution of cold rolled steel strip for coins at the Hagen site. “With our expertise and our redundant production lines at various locations worldwide, we are able to supply identical steel materials with the same high standards of quality from different plants. This means that we are highly flexible and can always deliver, even if a production site is temporarily unable to produce, for example, due to a production stoppage,” explains Sakuth. This flexibility helped, for example, during the coronavirus pandemic, when material could be delivered to customers from different locations. “This supply reliability is a real benefit for our customers,” Sakuth says.