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Thyssenkrupp - Latest news GMK Center

Photo – Thyssenkrupp notes uncertainty in the steel market
Thyssenkrupp notes uncertainty in the steel market

In October-December, the steel division reduced sales by 11% y/y in monetary terms

Photo – German Chancellor considers future transition to green steel inevitable
German Chancellor considers future transition to green steel inevitable

Olaf Scholz referred to the wishes of customers who will need environmentally friendly steel products

Photo – JSW Steel and JFE complete the acquisition of Thyssenkrupp’s electrical steel business in India
JSW Steel and JFE complete the acquisition of Thyssenkrupp’s electrical steel business in India

Buyers seek to quickly create an integrated system for the production and sale of these products in the country

Photo – Sale of 20% stake in Thyssenkrupp’s steel business may be canceled – CEO
Sale of 20% stake in Thyssenkrupp’s steel business may be canceled – CEO

There is a backup agreement if the company does not agree on a joint venture with the holding of Czech billionaire Kretinsky

Photo – ArcelorMittal Duisburg to stop purchasing pig iron from Thyssenkrupp
ArcelorMittal Duisburg to stop purchasing pig iron from Thyssenkrupp

The move is driven by the high carbon costs associated with the supply chain

Photo – Thyssenkrupp’s green steel plan includes alternatives to hydrogen
Thyssenkrupp’s green steel plan includes alternatives to hydrogen

The company is open to all technologies for further transformation

Photo – Thyssenkrupp AT.PRO tec receives €1.8 million grant for decarbonization project
Thyssenkrupp AT.PRO tec receives €1.8 million grant for decarbonization project

The project aims to develop an innovative process for direct hydrogen injection into blast furnaces

Photo – Thyssenkrupp: looking for ways to save the steel business
Thyssenkrupp: looking for ways to save the steel business

Thyssenkrupp Steel has recently announced plans to restructure, and the company continues to discuss a joint venture with Czech EPCG

Photo – German Chancellor calls for tougher EU measures against steel imports
German Chancellor calls for tougher EU measures against steel imports

Olaf Scholz also does not rule out the state's temporary participation in Thyssenkrupp's steel business.

Photo – Thyssenkrupp to cut 11 thousand jobs in its steel division
Thyssenkrupp to cut 11 thousand jobs in its steel division

The company also announced a reduction in production capacity

Photo – Green electricity will not be competitive in Germany – CEO of Thyssenkrupp
Green electricity will not be competitive in Germany – CEO of Thyssenkrupp

The company's top manager also noted the need to counteract the country's deindustrialization

Photo – Thyssenkrupp has reduced the assets of its steel division by €1 billion
Thyssenkrupp has reduced the assets of its steel division by €1 billion

The company is currently negotiating with the Czech EPCG regarding a 50:50 share in the division

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