Duisburg Steel Producers Extend Long-term Supply Agreements
03/01/2005 - Three Duisburg steel companies — ThyssenKrupp Stahl AG, Mittal Steel Ruhrort and TSTG Schienentechnik — have enjoyed close ties in the supply of pig iron and crude steel for more than seven years. The ties are based on contractual arrangements set up in 1997 covering a ten-year period upon the sale of the Ruhrort and Hochfeld plants by the former Thyssen Stahl AG.
Three Duisburg steel companies — ThyssenKrupp Stahl AG, Mittal Steel Ruhrort and TSTG Schienentechnik — have enjoyed close ties in the supply of pig iron and crude steel for more than seven years. The ties are based on contractual arrangements set up in 1997 covering a ten-year period upon the sale of the Ruhrort and Hochfeld plants by the former Thyssen Stahl AG.
The three companies have now signed follow-on agreements that will guarantee long-term continuation of this successful cooperation. Central to the agreements is ThyssenKrupp Stahl’s supply of pig iron to the Ruhrort steel mill. Although supplies will initially be maintained at the present level, volumes will be increased by up to 15% once the blast furnace concept for the Hamborn site has been implemented.
The new agreements are important elements for the future of the three companies and the roughly 15,000 people they employ in Duisburg.