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ThyssenKrupp Steel USA
Latest News
ThyssenKrupp Stahl to Cut Back 2nd Quarter Production
01 April 2005 - ThyssenKrupp Stahl AG announced that it will reduce its steel production in the second quarter of 2005 by around 500,000 tonnes.
Duisburg Steel Producers Extend Long-term Supply Agreements
01 March 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.
ThyssenKrupp to Strengthen Terni Site with 124 Million Euro Investment
01 March 2005 - ThyssenKrupp Steel AG will strengthen ThyssenKrupp Acciai Speciali Terni with an investment of €124 million in stainless steel production by 2006. The investment will feature a new €30 million cold-rolling mill, which is scheduled to start production as early as 2006.
ThyssenKrupp Acciai Speciali Terni to Shut Down Electrical Steel Production
01 February 2005 - ThyssenKrupp Acciai Speciali Terni recently revealed its strategic plans for the Terni plant, which call for a phased closure of electrical steel production at the Italian plant by the end of this year. The plan also includes a €90 million investment package for the expansion of stainless steel production over the next two years.
Unions Break Off Negotiations with ThyssenKrupp on Closures at Terni
01 February 2005 - ThyssenKrupp Acciai Speciali Terni recently announced its intention to close electrical steel production at its Terni plant. The company indicates that this supervisory board resolution is irreversible.
Arcelor and TKS to Jointly Develop High Manganese Steels
01 February 2005 - Arcelor and ThyssenKrupp Stahl — both leading global suppliers of steel for the automotive industry — have signed a multi-year Research & Development agreement to cooperate in the area of high manganese (TWIP/ Twinning Induced Plasticity) steels.
ULCOS Consortium Targets Further Reduction of Steel Industry CO2 Emissions
01 February 2005 - A consortium of 48 European companies and organizations has entered into an agreement to launch a cooperative research and development initiative to search for new steel production processes that would drastically reduce CO2 and other greenhouse gas emissions.
MEPS International Steel Market Roundup
13 January 2005 - According to MEPS (International) Ltd., U.S. market activity for Flat Products is flat. The mills, faced with weak fourth quarter order books, started seasonal maintenance shutdowns in November that have continued through this month. With high customer inventories, mill transaction prices continue to slip. MEPS has received unconfirmed reports that surcharges are not being universally applied, especially to large volume purchasers. Steel market conditions are expected to improve in the first quarter, and AK Steel Corp. has already announced a $US50 per ton hike. Canadian market activity continues to be subdued, with inventory levels apparently more tailored to present-day demand than those in the US. However, MEPS has monitored further drops in transaction values over the last four weeks.
SMS Demag Innse to Supply Inline Skinpass Mill for TKAST
01 January 2005 - ThyssenKrupp Acciai Speciali Terni SpA (TKAST), Italy, has placed an order with SMS Demag Innse SpA, Italy, for an inline skinpass mill and associated equipment. The mill will be installed at the exit side of the existing cold strip anneal and pickle line.
ThyssenKrupp and CVRD to Build New Steel Mill in Brazil
01 January 2005 - Brazilian President Luiz Inácio Lula da Silva welcomes the plans of ThyssenKrupp AG and Brazilian ore producer Companhia Vale do Rio Doce (CVRD) to build a new steel mill in the state of Rio de Janeiro. The project was presented to the President in Brasilia by Prof. Dr. Ekkehard Schulz, Chairman of the Executive Board of ThyssenKrupp AG, and Prof. Dr. Ulrich Middelmann, Vice Chairman of the Executive Board of ThyssenKrupp AG and Chairman of the Executive Board of ThyssenKrupp Steel AG.
ThyssenKrupp Nirosta to Increase Capacity at Ebor Stainless Facility
01 December 2004 - Ebor Edelstahl GmbH, Germany, a subsidiary of ThyssenKrupp Nirosta GmbH, will expand capacity with a new 2,800 square meter shop complex, as well as office and social facilities, in the Holderbüschle industrial park close to its existing buildings.
ThyssenKrupp Steel and CVRD Plan Joint Steel Mill Project
01 December 2004 - The Supervisory Board of ThyssenKrupp Steel AG recently approved plans to conclude a joint feasibility study with Brazilian iron ore producer Companhia Vale do Rio Doce (CVRD) on the construction of a steel mill in Brazil. This procedure has also been approved by the Supervisory Boards of ThyssenKrupp AG and ThyssenKrupp Stahl AG.
MEPS International Steel Market Roundup
11 November 2004 - MEPS (International) Ltd provided the following summary of international flat steel and long products markets:
New Blast Furnace to Strengthen ThyssenKrupp Stahl Duisburg Location
01 November 2004 - ThyssenKrupp Stahl AG has announced a new blast furnace concept that will make a lasting improvement to both the environment and the job situation in the industrial city of Duisburg.
JFE and ThyssenKrupp Steel Achieve Milestones with Comprehensive Agreement
01 November 2004 - JFE Steel Corp. and ThyssenKrupp Steel (TKS) have accomplished several important achievements as a result of the comprehensive cooperation agreement for automotive steel and its related research and development, which was signed in April 2002.
ThyssenKrupp Steel Sells Berkenhoff Subsidiary
01 October 2004 - ThyssenKrupp Steel AG subsidiary Berkenhoff GmbH has been sold to the private equity investor Granville Baird Capital Partners in Hamburg as part of a management buyout. The sale was effective October 1, 2004.
Danieli Frohling Starts up Polishing Devices for TKN
01 September 2004 - Danieli Fröhling recently installed four SHD-PD 1000 new-generation polishing devices, including a dust exhaust system, for the skinpass mill at Thyssen Krupp Nirosta (TKN) in Düsseldorf.
Management Buyout at SWB Stahlformguss
01 September 2004 - SWB Stahlformguss GmbH, Germany, has been sold to CEO Bruno Mayer and authorized officer Wolfgang Callies in a management buyout. Norddeutsche Private Equity GmbH in Hamburg, Germany, has also acquired an interest in the company as a financial investor. The sale was effective September 1, 2004.
MEPS International Steel Market Roundup
13 August 2004 - MEPS (International) Ltd provided the following summary of international flat steel and long products markets:
Parsytec to Provide Surface Inspection for I/N Tek Pickling-Tandem Line
16 July 2004 - Parsytec AG has received an order from I/N Tek for implementation of a surface inspection solution at the company’s continuous pickling-tandem line.
