In order to compete in the future steel market and to maintain market share, the steelmakers will need to use new efficient technologies capable of supplying steel strip products of high quality at low cost. In this way, the strip casting technology by twin roll method is one of the most important research area in the iron and steel industry today.This review makes a general description of the strip casting technology as well as its different steps, such us; metal delivery and casting, solidification process, hot rolling reduction step, etc...Through mathematical and physical models, the influence on microstructure, texture, surface quality and mechanical properties of the materials obtained by this method are described as a function of processing parameters, specially the roughness of the rolls.The manufacturing of carbon, stainless and electrical steels involves smaller capital and operating cost, lower gas emissions, and an opportunity to create new grades due to a faster solidification rate that leads to a different solidification structures.In sight of all this it is likely that Strip Casting technology will make a profound impact on the manufacturing landscape of the 21 st century.