Abstract: The invention relates to an apparatus for the production of cast metal strip of amorphous and/or compact grained structures. To enable the strip to be coiled on reels at high strip speeds, the strip 6 is guided at the outlet of the casting apparatus 1-6 having a casting wheel 4 over a first and second strip guide channel. The first strip guide channel is formed by at least one cooling wheel 9, 11 and a guide wall 10, 12 disposed concentrically of the cylindrical surface of the cooling wheel 9, 11. By means of a cooling medium the strip is forced against the cylindrical surface of the cooling wheel 9, 11 and thereby intensively cooled at a high conveying speed and without tensile stress. When it leaves the or each cooling wheel 9, 11 the strip 6 is strong enough to pass freely guided through the perpendicularly disposed second guide channel 14.