TK Stainless
TK Stainless
TK Stainless
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Strategic focus<br />
The goal of ThyssenKrupp <strong>Stainless</strong> AG is to further cement and expand<br />
its excellent market position by constantly developing new applications for<br />
its materials. Our growth strategy is based on three main pillars:<br />
In the stainless steel business the emphasis is on securing competitiveness<br />
in our core European market.<br />
Our position as a global stainless producer is to be strengthened by further<br />
penetration of the attractive NAFTA market.<br />
In the area of high-performance alloys, we intend to expand our business<br />
in nickel alloys and titanium.<br />
ThyssenKrupp sTainless aG Strategic focus<br />
To achieve these growth targets, ThyssenKrupp <strong>Stainless</strong> is modernizing and expanding its existing<br />
operations and building a new integrated stainless production facility in the USA. In addition to<br />
systematically further developing our performance enhancement programs, we are also investing<br />
heavily in optimizing and expanding capacity at our operating companies. At the group’s European<br />
companies alone, investment projects with a total volume of several hundred million euros are<br />
currently under way.<br />
At ThyssenKrupp Acciai Speciali Terni, the aim is to concentrate production on the Terni location<br />
after the closure of the Turin plant. The relocation of production to Terni is already well advanced. With<br />
the recommissioning of relocated and modernized equipment from Turin, the ramp-up of new production<br />
lines and the further expansion of the finishing department, the Terni plant will be developed into a<br />
world-class integrated stainless mill. At the other stainless companies of the group, too, significant<br />
investment has been made in modernizing the plants and in particular expanding processing capacity.<br />
In the area of high-performance alloys, the expansion of remelting capacity and the commissioning of<br />
an in-house forging line at the Unna plant of ThyssenKrupp VDM has further optimized the production<br />
structure and improved operating performance. This has given us access to demanding and attractive<br />
segments such as aviation and plant construction. A state-of-the-art electron beam furnace has gone<br />
into operation at the Essen location of ThyssenKrupp Titanium.<br />
A central element of the segment’s strategy is the construction of a new stainless mill as part of a<br />
joint project with ThyssenKrupp Steel, work on which began in autumn 2007. The <strong>Stainless</strong> segment’s<br />
direct entry in the USA will permit the sustained expansion of its business in North America. The group<br />
is already active on the North American stainless market, with a market share of around 12 percent<br />
in the USA alone. The market is primarily served by our Mexican subsidiary ThyssenKrupp Mexinox,<br />
backed by imports from our mills in Germany, Italy and China. Marketing is carried out via our Chicagobased<br />
sales company, which is already well established.<br />
ThyssenKrupp <strong>Stainless</strong> aims to gain increased recognition as a supplier of a wide range of highquality<br />
materials, from stainless steel to nickel alloys to titanium, and as a service provider for all<br />
aspects of these materials through its global network of production and sales companies and service<br />
centers. That means supplying customers with solutions for diverse applications, offering product<br />
support services - for example through various forms of processing - and being an effective local<br />
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