Steel News

ThyssenKrupp Steel Europe to Optimize Management Structure

05 September 2013 - The Supervisory Board of ThyssenKrupp Steel Europe AG has decided to realign the company’s management structure in connection with the optimization program “Best-in-Class Reloaded," under which Steel Europe is making a significant contribution to the profitability and strategic development of the Group as a whole.

ThyssenKrupp Steel Europe to Modernize Converter Plant and Waste-Heat Boiler at Duisburg-Bruckhausen

04 September 2013 - ThyssenKrupp Steel Europe is investing € 20 million in one of its core facilities in Duisburg. From 3 August to 17 September 2013 the company will be replacing the first of two converters and parts of the associated waste-heat boiler system at the Bruckhausen oxygen steelmaking plant (Ox 1).

316 New Apprentices Taken on At ThyssenKrupp Steel Europe

03 September 2013 - The new apprenticeship year at ThyssenKrupp Steel Europe AG has begun. As of 1 September the company has taken on a total of 316 apprentices in 21 different occupations — 270 young men and 46 young women.

IDEAL Laser Coil Joining Technology Being Used at ThyssenKrupp Electrical Steel

26 August 2013 - IDEAL-Werk recently commissioned a laser welding machine at ThyssenKrupp Electrical Steel Gelsenkirchen in Germany.

ThyssenKrupp Steel Europe Reaches Agreement on Subsidiary ThyssenKrupp Rasselstein

23 August 2013 - As part of the “Best-in-Class Reloaded” optimization program at ThyssenKrupp Steel Europe an agreement has now been reached about measures at the subsidiary ThyssenKrupp Rasselstein in Germany.

Reuters: Steel Americas Cloud Hangs Over Germany's ThyssenKrupp

12 August 2013 - Pressure is growing on ThyssenKrupp to shore up its strained balance sheet by raising new capital as talks on selling its loss-making steel mills in the Americas drag on, according to a Reuters report.

ThyssenKrupp's New Eco-Friendly Push Boat Transports Ore and Coal from Rotteram to Duisburg

09 August 2013 - A modern line-haul push boat, part of a fleet operated by shipping company ThyssenKrupp Veerhaven B.V., a subsidiary of ThyssenKrupp Steel Europe, went into service a few weeks ago.

ThyssenKrupp Steel German Subsidiary Modernizes Medium-Wide Strip Mill

05 August 2013 - Hoesch Hohenlimburg, a specialist supplier of hot rolled strip steel based in Hagen, Germany, has completed one of the biggest modernization projects in the firm’s history: The recently upgraded medium-wide strip mill has now been successfully ramped up.

ThyssenKrupp Steel Europe Reaches Agreement With Employees in Spain

02 August 2013 - ThyssenKrupp Steel Europe has reached agreement with employees at its ThyssenKrupp Galmed plant in Spain, including the termination of all employment contracts and the closure of the facility.

Sale of ThyssenKrupp Tailored Blanks to WISCO Completed

31 July 2013 - The sale of ThyssenKrupp Tailored Blanks to Wuhan Iron and Steel Corporation (WISCO) of China has been completed.

BASF, Linde, and ThyssenKrupp Collaborating to Develop Sustainable Syngas Production Technology

02 July 2013 - BASF, the Linde Group and ThyssenKrupp plan to develop an environmentally friendly and competitive basis for utilizing CO2 on an industrial scale. They aim to employ innovative process technology to use carbon dioxide as a raw material, with positive effects on climate protection.

ThyssenKrupp Electrical Steel Plans to Sell Grain-Oriented Electrical Steel Business

23 April 2013 - ThyssenKrupp Electrical Steel announced it will integrate its non-oriented electrical steel product area into ThyssenKrupp Steel Europe effective 30 April 2013 and plans to sell off its grain-oriented electrical steel business.

ThyssenKrupp Steel Europe Awarded German Training & Development Prize 2013

23 April 2013 - ThyssenKrupp Steel Europe AG has been awarded the German Training & Development Prize 2013 for excellence and best practice in connecting talent management, knowledge management and demographic change management in an integrated people management system.

ThyssenKrupp Electrical Steel Improves Surface Quality at Plant in Germany

25 March 2013 - Under a €4 million investment program, ThyssenKrupp Electrical Steel has carried out conversion measures and process modifications at its Gelsenkirchen, Germany, site and achieved significant improvement in the surface quality of its grain-oriented electrical steel.

TKS Dortmund Increases Quality Assurance with Latest Surface Inspection System from ISRA VISION

25 March 2013 - A new inspection system for the continuous annealing line at ThyssenKrupp Steel Europe's mill in Dortmund, Germany, has now been fitted with the latest surface inspection technique from ISRA VISION PARSYTEC.

Oschatz to Modernize Second Cooling Stack at ThyssenKrupp Steel Europe

19 February 2013 - Plant constructor Oschatz announced a new order from ThyssenKrupp Steel Europe: the German plant constructor will modernize the second converter cooling stack at the steel works in Duisburg-Bruckhausen.

ThyssenKrupp Profit Falls as Slowdown Cuts Demand

12 February 2013 - ThyssenKrupp AG, Germany’s biggest steelmaker, said profit slumped 38 percent in the fiscal first quarter as the global economic slowdown eroded demand, Bloomberg reports.

ThyssenKrupp Steel Europe Institutes Optimization Program, Cost-Cutting Measures

11 February 2013 - ThyssenKrupp Steel Europe plans to implement cost-cutting initiatives, including reducing its workforce by over 2,000 emploees, as all of ThyssenKrupp's business areas are being required to contribute towards increasing efficiency and gaining an edge in terms of profitability.

ThyssenKrupp Steel Americas Bidders Team Up, Sources Say

11 February 2013 - Bidders competing for ThyssenKrupp AG's loss-making U.S. and Brazilian steel mills are teaming up in an effort to make the investment more digestible, according to people familiar with the transaction, Reuters reports.

Brazil Probe Seeks to Shut Down ThyssenKrupp CSA Blast Furnace

18 January 2013 - Brazilian prosecutors are seeking to shut down one of two blast furnaces at ThyssenKrupp AG's CSA unit over alleged irregularities, presenting a new challenge for the German steelmaker as it tries to sell the money-losing mill, Reuters reports.