Abstract: An apparatus for coiling strip, in particular, continuously cast thin slabs, which after leaving the continuous caster are wound into a coil in a furnace at a casting speed, and are payed out of this furnace at a rolling speed, whereby preferably two furnaces are preferably located one above the other for alternating coiling and payout. To improve an apparatus of the type described above for the coiling of strip which has only small thermal losses in a largely closed furnace, and has the smallest possible number of moving parts inside the furnace to achieve a high degree of operational safety and reliability. The invention proposes that each furnace has a threading opening for the strip which is largely closed by a pair of pinch rolls, and together with the pair of pinch rolls, can be pivoted around its horizontal axis, which corresponds to the coiling axis, from the coiling position into the payout position.