8th World Antimony Forum

TBD
Guiyang, Guizhou, China

12th Rare Earth Summit

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Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

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Hangzhou, Zhejiang, China

9th Magnesium Summit

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13th World InBiGeGa Forum

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Hangzhou, Zhejiang, China

7th World Antimony Forum

June 13-14, 2019
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7th Refractory & Abrasive Materials Summit 2019

May 23-24, 2019
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May 16-17, 2019
Zhengzhou, Henan, China

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May 9-10, 2019
Qingdao, Shandong, China

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April 11-12, 2019
Zhuhai, Guangdong, China

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March 14-15, 2019
Zhuhai, Guangdong, China

ThyssenKrupp confirms investment plan to upgrade steel mill

2020-02-20 16:37:35   【Print】
Thyssenkrupp, the world's leading steelmaker, has determined the amount of investment in its steel mills.

ThyssenKrupp's plan to merge with Tata Steel Europe last year was rejected by the European Commission, and the company has since planned to upgrade its steel mills to enhance its overall competitiveness.

ThyssenKrupp's Chief Financial Officer Johannes Dietsch said that in order to support the plan, the company will spend about EUR500 million annually on steel mills and will spend an additional EUR800 million (USD864 million) over the next six years. In recent years, ThyssenKrupp has invested approximately EUR470 million (USD508 million) in its steel plants each year.

At present, ThyssenKrupp's Duisburg steel plant in Germany is not within the scope of the investment plan. ThyssenKrupp is seeking cooperation opportunities or will sell or shut down the mill.
.Asian Metal Copyright At present, ThyssenKrupp's Duisburg steel plant in Germany is not within the scope of the investment plan.Asian Metal Copyright