Smart Steel Technologies provides an integrated suite of production‑planning software for steel mills, automating short‑term scheduling, long‑product scheduling, mid‑term resource planning, and material allocation. Using mixed‑integer linear programming and machine‑learning forecasts, the platform generates feasible schedules within minutes, optimizes energy use and inventory, and supports real‑time rescheduling and scenario analysis for improved yield and lower costs.
Funding
$2.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Steel manufacturers must coordinate complex, interdependent processes—casting, rolling, inventory, and logistics—while meeting strict quality, energy, and delivery targets. Manual scheduling and material reallocation are time‑consuming, error‑prone, and rely on tribal knowledge, leading to higher costs, lower yields, and excess inventory.
Solution
Smart Steel Technologies (SST) delivers an integrated suite of production‑planning applications that automate short‑term scheduling, long‑product scheduling, mid‑term resource planning, and material allocation. The software uses mixed‑integer linear programming, machine‑learning forecasts, and domain‑specific optimization models to generate feasible schedules within minutes, respecting mill‑specific constraints and KPIs. Real‑time data feeds enable continuous rescheduling and 24/7 plan updates, while scenario‑simulation tools support “what‑if” analysis for demand or equipment changes. By harmonizing production routes and inventory flows, SST reduces energy consumption, minimizes transition losses, and improves order fulfillment without requiring additional hardware.
Target Audience
Primary customers are steel mill operators and production planners at flat‑product and long‑product facilities seeking to automate scheduling, improve yield, and reduce inventory costs.
Features
- MILP‑based short‑term scheduler that simultaneously creates casting, rolling, and combined schedules in under a minute
- Long‑product scheduler with automated cut‑pattern generation and inventory‑aware trimming for blooms and beams
- Mid‑term planner covering a six‑month horizon with demand forecasting, scrap planning, and “what‑if” scenario simulation
- Material Allocator that matches existing finished and semi‑finished stock to new orders, optimizing reuse across multiple downstream paths
- Real‑time plan updates and reactive rescheduling integrated with existing plant HMIs and ERP systems
- KPI‑driven optimization allowing users to prioritize cost, throughput, energy use, or yield per mill requirements
- Built‑in analytics for energy savings, incident reduction, and inventory minimization