Tag: Primary iron & steel
Steel industry must become climate-neutral in a difficult environment
Berlin The pressure on the European steel industry is growing. Despite difficult framework conditions, companies have to radically change their production processes in order to manage the path to climate…
Thyssen-Krupp releases billions for green steel
Steelworks in Duisburg The decarbonization could cost the Ruhr group up to ten billion euros in total. (Photo: dpa) Dusseldorf In the middle of the energy crisis, the Thyssen-Krupp Supervisory…
ArcelorMittal ceases production at two German sites
ArcelorMittal Steelworks Bremen One of the two Bremen blast furnaces will go out of service at the end of September. (Photo: dpa) Dusseldorf The Arcelor-Mittal steel group is partially ceasing…
Industry complains about additional costs of 5.3 billion euros
BASF plant in Ludwigshafen The chemical industry is one of the largest gas consumers in Germany – the surcharge could hit them hard. (Photo: imago images/Arnulf Hettrich) Dusseldorf Industry is…
Industry complains about additional costs of 5.3 billion euros
BASF plant in Ludwigshafen The chemical industry is one of the largest gas consumers in Germany – the surcharge could hit them hard. (Photo: imago images/Arnulf Hettrich) Dusseldorf Industry is…
Industry complains about additional costs of 5.3 billion euros
Production at Thyssen Krupp The steel industry depends on natural gas. (Photo: dpa) Dusseldorf Industry is the largest gas consumer in Germany. Correspondingly high costs are now being faced by…
Industry complains about additional costs of 5.3 billion euros
Production at Thyssen Krupp The steel industry depends on natural gas. (Photo: dpa) Dusseldorf Industry is the largest gas consumer in Germany. Correspondingly high costs are now being faced by…
Rail cartel: Deutsche Bahn suffers defeat in court
Deutsche Bahn tracks The rail cartel has agreed on prices for many years in the past. (Photo: dpa) Dusseldorf Deutsche Bahn suffered a bitter defeat in its trials against the…
Thyssen-Krupp, Salzgitter, Arcelor: steel price drives profits
Steelworks in Duisburg The steel industry is worried about a further shortage of gas supply. (Photo: IMAGO/Jochen Tack) Dusseldorf The year 2022 has so far brought lavish profits to the…
Low Rhine water level jeopardizes industrial business
Dusseldorf The heat wave has its first consequences for goods transport on the Rhine. Its water levels have fallen in the past few days. In Cologne, the river currently only…
Majority target for planned merger with NSK
Thyssen Krupp and NSK In May, ThyssenKrupp CEO Martina Merz and Saimon Nogami, Executive Senior Vice President of NSK, signed a memorandum of understanding. (Photo: ThyssenKrupp) Dusseldorf, Frankfurt Discussions about…
Majority target for planned merger with NSK
Thyssen Krupp and NSK In May, ThyssenKrupp CEO Martina Merz and Saimon Nogami, Executive Senior Vice President of NSK, signed a memorandum of understanding. (Photo: ThyssenKrupp) Dusseldorf, Frankfurt Discussions about…
How the new Swiss Steel boss wants to create decarbonization
Dusseldorf Frank Koch, who has been the new CEO of the steelmaker Swiss Steel since the beginning of the year, is still surrounded by evidence of the past and the…
The management must show more courage
Thyssen Krupp district in Essen The Ruhr group loses speed during its restructuring. (Photo: dpa (M)) The past few years have been associated with great uncertainty for German industry. First,…
The Ruhr group is struggling for its future
Martina Merz Critics accuse the ThyssenKrupp boss of not pursuing a clear strategy. (Photo: dpa) Dusseldorf, Berlin Martina Merz made a remarkable promise to her executives. She was the woman…
IG Metall announces new warning strikes in the Steel Northwest wage dispute
warning strike The employers submitted a new offer on Friday. (Photo: dpa) Dusseldorf, Bremen, Salzgitter In the wage dispute in the north-west German iron and steel industry, IG Metall wants…
Will the circular economy save us from the raw materials crisis?
Dusseldorf Anyone who has tried to buy a car, electronic device or furniture in the past few months will have been surprised at the extremely long delivery times for many…
Thyssen-Krupp’s difficult way to spin off the steel division
Workers at the blast furnace of the Thyssen-Krupp steelworks in Duisburg The steel industry is facing multi-billion dollar investments due to the pressure to reduce its carbon emissions. (Photo: imago…
Thyssen-Krupp benefits from the steel boom and raises forecast
Thyssen Krupp employees The group now expects adjusted EBIT of at least two billion euros for the year as a whole, instead of the previous 1.5 to 1.8 billion euros.…
Thyssen-Krupp is benefiting from the steel boom – and is raising the forecast
Thyssen Krupp employees The group now expects adjusted EBIT of at least two billion euros for the year as a whole, instead of the previous 1.5 to 1.8 billion euros.…