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ThyssenKrupp

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Rio de Janeiro Orders ThyssenKrupp CSA to Halt Operations

09 January 2013 - The municipality of Rio de Janeiro, Brazil's second-largest city, ordered steel slab mill Cia Siderúrgica do Atlántico SA to halt operations, alleging it does not have an operating license, Reuters reports.

ThyssenKrupp Steel Europe Announces New Management Team

09 January 2013 - ThyssenKrupp Steel Europe AG has announced a new management team.

Outokumpu Completes Inoxum Transaction

02 January 2013 - Outokumpu announced the completion of the Inoxum transaction. The company now hold close to 40% of the stainless steel market share in Europe and 12 globally.

ThyssenKrupp Loss Balloons on Steel Americas Write-Down

14 December 2012 - ThyssenKrupp AG, Germany's top steelmaker, posted a massive € 4.7 billion (US$6.1 billion) net loss for the year as it took a painful write-down on steel mills in the United States and Brazil that it is trying to sell.

3tn Providing Efficient Material Handling and Better Overview in Steel Service Centers

13 December 2012 - The technical warehouse management system TWMS/metals controls and visualizes transport and storage activities in the metals industry from continuous casting through to the shipment of the finished products. It optimizes the use of storage capacities across various warehouses or even plant-wide, ensuring that the means of transport, such as cranes or cross transfer systems, are efficiently used.

ThyssenKrupp CEO Pledges New Era at Troubled Steelmaker

11 December 2012 - ThyssenKrupp chief executive Heinrich Hiesinger vowed to fix problems at Germany's biggest steelmaker after a disastrous overseas foray and corruption allegations led him to axe half his management board, Reuters reports.

ThyssenKrupp May Seek Compensation for Steel Americas

10 December 2012 - ThyssenKrupp is considering demanding compensation from its former chief executive and other managers for costly investments in steel plants in Brazil and the United States, Reuters reports.

ThyssenKrupp Stainless USA Fires Up Melt Shop; Calvert Site Now Fully Operational

10 December 2012 - The official startup of ThyssenKrupp Stainless USA's melt shop occurred today on the second anniversary of the Calvert, Ala., production site’s official grand opening in December 2010, fulfilling the site’s capabilities as a fully integrated stainless steel manufacturing facility.

ThyssenKrupp AG Announces Personnel Changes on Its Executive Board

06 December 2012 - The personnel committee of the supervisory board, in close cooperation with Dr. Heinrich Hiesinger, CEO of ThyssenKrupp AG, have agreed to propose to the supervisory board in its meeting on 10 December 2012 to release the executive board members Dr. Olaf Berlien (50), Dr. Jürgen Claassen (54) and Edwin Eichler (54) from their functions effective 31 December 2012.

CSN Said to Offer US$3 Billion for ThyssenKrupp Plants

04 December 2012 - Cia. Siderurgica Nacional SA, Brazil’s third-largest steelmaker by output, offered about US$3 billion to buy the two ThyssenKrupp AG’s plants in the Americas, according to two people familiar with the matter, Bloomberg reports.

ThyssenKrupp Steel Europe and Solliance Researching Applications for New Generation of Solar Cells

28 November 2012 - ThyssenKrupp Steel Europe and Solliance are counting on a highly promising form of power generation: organic photovoltaics (OPV).

ThyssenKrupp Steel Europe and Solliance Researching Applications for New Generation of Solar Cells

28 November 2012 - ThyssenKrupp Steel Europe and Solliance are counting on a highly promising form of power generation: organic photovoltaics (OPV).

ThyssenKrupp Electrical Steel Receives "German Business Award for Health"

21 November 2012 - The electrical steel manufacturer ThyssenKrupp Electrical Steel GmbH was presented with a special "German Business Award for Health" (industry category) in Berlin by the BKK Federal Association.

Outokumpu Announces the European Commission Has Approved the Inoxum Transaction

07 November 2012 - The European Commission has approved the acquisition of Inoxum by Outokumpu. The transaction makes Outokumpu the new global leader in stainless steel and high performance alloys, the company says.

ThyssenKrupp CSA Comments on Detection of Graphite Dust in Surrounding Communities

02 November 2012 - On 30 October 2012, graphite dust was detected in the streets of three communities within a 2 km radius from ThyssenKrupp CSA’s (TKCSA) production facilities in Brazil.

Ken-Mac Division of ThyssenKrupp Materials NA Purchases Cut-to-Length Line from Herr-Voss Stamco

26 October 2012 - Herr-Voss Stamco announced that they are providing a new state-of-the-art cut-to-length line for Ken Mac Metals Division of ThyssenKrupp Materials North America, Inc.. This new line will process material with a thickness range of .075" to .312" x 72" wide.

ThyssenKrupp VDM Orders Complete Grinding Line from SMS Meer

18 October 2012 - ThyssenKrupp VDM in Altena, Germany, is working to strengthen its position on the market and has therefore ordered an RSM 60 regulating-wheel grinder with complete finishing line from SMS Meer.

ThyssenKrupp Steel Europe Contracts SMS Siemag for Revamp of Duisburg-Beeckerwerth Continuous Caster

12 October 2012 - Following the engineering order in March 2012, ThyssenKrupp Steel Europe has now contracted SMS Siemag to provide the delivery for the revamp of its continuous caster no. 1 at the Duisburg-Beeckerwerth works in Germany.

ThyssenKrupp Steel Europe Announces Change to Management Board

01 October 2012 - Dr. Jost A. Massenberg (56), longstanding Chief Sales Officer of ThyssenKrupp Steel Europe AG, is leaving the company at his own request to take on a new professional challenge.

ThyssenKrupp Sells Tailored Blanks to Wuhan Iron and Steel

28 September 2012 - ThyssenKrupp AG has signed an agreement with Wuhan Iron and Steel Corporation (WISCO) for the sale of for its subsidiary ThyssenKrupp Tailored Blanks, which produces tailored steel blanks for the auto industry.

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