TK Stainless

The construction of the ThyssenKrupp Stainless USA
plant in Alabama is proceeding to schedule.
ThyssenKrupp sTainless aG Capital expenditures
ThyssenKrupp Stainless USA
Construction of the new joint steelmaking and processing plant for the Steel and Stainless segments in
Calvert (Alabama) is on schedule. Startup is planned for early 2010. Due to the tight supply situation in
the global plant construction sector, which has increased the cost of individual projects, the investment
volumes for Stainless are currently expected to be around 30 percent higher than the 1.1 billion US
dollars originally planned. This will have no material impact on the profitability of the projects.
The project in the USA is a major part of ThyssenKrupp Stainless’s growth strategy. The direct
entry of the Stainless group in the USA will further strengthen its existing market position in North
America. The Stainless group is already active on the North American stainless market through the
cold-rolling mill of ThyssenKrupp Mexinox in San Luis Potosí (Mexico) and through imports from the
mills in Germany, Italy and China. Marketing is carried out via a sales company based in Chicago.
The new plant will allow ThyssenKrupp Stainless to sustain its high market share in the fast growing
Mexican market and significantly further strengthen its position in the USA and Canada.
Orders have been placed for most of the production facilities. The main production lines and
various auxiliary units for the cold-rolling mill have been ordered. These include hot strip and cold
strip annealing and pickling lines, three cold-rolling stands, a skin-pass mill, several finishing units
and a large share of the cranes. Orders for the electric arc furnace, AOD converter and continuous
caster, the core units of the melt shop, were placed in May. Negotiations are under way in respect of
the ancillary equipment. An order has also been placed for the core unit of the hot-rolling mill, the
wide hot strip facility.
Piling work in the area of the cold-rolling mill has been completed. Work on the construction of
the cold-rolling mill buildings began at the end of August. Further milestones planned for 2009 are the
completion of the cold-rolling mill, installation of the equipment and start of the ramp-up phase.
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