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ThyssenKrupp
Latest News
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.
ArcelorMittal Interested in ThyssenKrupp's Alabama Mill
09 January 2013 - ArcelorMittal has submitted a bid to ThyssenKrupp AG that reflects its interest in purchasing the German steelmaker's steel plant in Calvert, Ala., according to the company's CFO, Dow Jones Newswires reports.
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.
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