# Severstal acquires intellectual rights from Arcanum Alloys for diffusion alloyed steel technology

Severstal acquired over 40 patents and patent applications from Arcanum Alloys for a technology that forms a special alloy on rolled steel, enabling lower-cost production of stainless-steel-like products. Severstal plans to launch pilot production at its Cherepovets plant by end of 2021.

- Type: Acquisition
- Announced: 2021-09-29
- Where: Cherepovets, Russia
- Status: announced
- Products: diffusion alloyed steel, rolled metal products with improved corrosion properties, electrical steel for electric vehicles
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Severstal](https://endata.com/companies/1170.md) (acquirer)
- [Arcanum Alloys](https://endata.com/companies/58013.md) (target)

## Sources

- [metallurgprom.org](https://metallurgprom.org/en/press-releases/9853-severstal-priobrela-intellektualnye-prava-u-arcanum-alloys-na-vypusk-innovacionnyh-materialov-na-baze-stalnogo-prokata.html), 2021-09-29: "Acquiring intellectual property rights from Arcaum Alloys to use breakthrough technologies for metallurgy is not just a look into the future."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.