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ThyssenKrupp
Latest News
thyssenkrupp Commissions New NGO Annealing, Isolating Line
29 January 2025 - thyssenkrupp Steel Europe is starting up a new electrical steel processing line at its Bochum, Germany, plant, reports project contractor SMS group.
Consortium Awarded EUR1.8 Million for H2-Focused R&D Project
16 January 2025 - A research consortium that includes Primetals Technologies, voestalpine and thyssenkrupp has been awarded a EUR1.8 million grant to develop a new method for injecting hydrogen directly into the blast furnace shaft by adapting an existing technology.
thyssenkrupp Proposes Job Cuts, Capacity Reduction
26 November 2024 - thyssenkrupp’s steel division is looking to shed 11,000 jobs over the next five years and reduce its steelmaking capacity as it attempts to reorient itself in changing European market.
thyssenkrupp Writes Off EUR1 Billion in Steel Division Value
19 November 2024 - thyssenkrupp recorded a EUR1 billion impairment on its European steel division, saying fiscal 2025 would be one of decisions, CNBC reported.
thyssenkrupp, Volkswagen Sign MOU for Low-CO2 Steel
23 October 2024 - Volkswagen Group and thyssenkrupp have signed a memorandum of understanding related to the future offtake of low-carbon-intensity steel derived from thyssenkrupp’s planned direct reduction plant.
Report: thyssenkrupp Re-Examines Plans for Hydrogen DRI Furnace
07 October 2024 - thyssenkrupp AG is said to be reviewing plans for its billion-euro project to convert from traditional blast furnace ironmaking to hydrogen-fueled ironmaking.
thyssenkrupp Installs New Leadership Team at Steel Unit
26 September 2024 - thyssenkrupp has appointed a new leadership team for its European steel unit following last month’s departure of several executives.
thyssenkrupp Steel Europe CEO Leaves Company Amid Dispute
29 August 2024 - Several thyssenkrupp Steel executives, including its chief executive officer, are parting ways with the company as a result of a dispute over the division's future, the Bloomberg news service reports.
thyssenkrupp Teams With Australian Producer to Study Smelting Technology
21 August 2024 - thyssenkrupp is partnering with Australia’s BlueScope Steel on research that will focus on direct reduction and electric smelting plants, the company has announced.
New Slitting Line to Enhance thyssenkrupp Electrical Steel Production
07 March 2024 - thyssenkrupp Steel has commissioned a new slitting line in Motta Visconti, Italy, replacing an older line and boosting production of high-efficiency electrical steel for the automotive industry, the company has said.
Wanted to Buy: Hydrogen. And Lots of It.
19 February 2024 - thyssenkrupp Steel is soliciting bids for hydrogen to run its planned direct reduction plant, a first in the company’s decarbonization journey.
Tenova LOI Thermprocess Reports Success in Hydrogen-Fueled Annealing Trial
08 February 2024 - Collaborating with Tenova LOI Thermprocess, thyssenkrupp Hohenlimburg has successfully annealed a batch of hot-rolled strip by way of a CO2-neutral process that produces low NOx emissions.
Construction on thyssenkrupp Hot Strip Mil Upgrade Reaches Milestone
11 December 2023 - thyssenkrupp recently reached a milestone in the overhaul of a slab caster and hot strip mill at its Bruckhausen site in Duisburg, Germany.
thyssenkrupp Sees Machine Vision System Aiding Defect Detection
27 November 2023 - thyssenkrupp is implementing a Primetals Technologies-made computer vision solution for detecting strip cross cracks at a German hot strip mill.
thyssenkrupp Starts New Cold Rolling Mill
31 October 2023 - thyssenkrupp has rolled the first coil on its Primetals Technologies-built 2-stand reversing cold mill, a centerpiece production unit that will help it meet demand for silicon steel.
Germany Confirms Funding for thyssenkrupp Decarbonization Project
27 July 2023 - The German government has confirmed formal approval of nearly EUR2 billion in funding for thyssenkrupp Steel’s transformational decarbonization project, the company has said.
EU Greenlights ArcelorMittal, thyssenkrupp Decarbonization Funding
20 July 2023 - The European Commission has signed off on EUR2.85 billion in state aid that will go to decarbonization efforts at thyssenkrupp and ArcelorMittal.
Report: Billionaire Eyes Up thyssenkrupp Steel Division
26 June 2023 - Czech billionaire Daniel Kretinsky reportedly is kicking around a stake in thyssenkrupp's steel business, according to the Reuters news service.
thyssenkrupp Green DRI Project to Receive Government Support
06 June 2023 - Germany is preparing to support thyssenkrupp’s plans to build a green iron plant in Duisburg with EUR2 billion in funding, reports the Reuters news service.
Primetals Technologies Modernizes Slitting Line for thyssenkrupp Rasselstein
08 May 2023 - Primetals Technologies has upgraded the level 1 automation system and drive system for slitting line No. 1 at thyssenkrupp Rasselstein in Andernach, Germany.
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