10,746.98 TRY BIST 100 BIST 100
46.32 EUR EUR EUR
40.59 USD USD USD
5.66 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
39.88 TRY Interest Interest
71.28 USD Fossil Oil Fossil Oil
48.71 USD Silver Silver
4.45 USD Copper Copper
99.02 USD Iron Ore Iron Ore
332.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,387.23 TRY Gold (gr) Gold (gr)

thyssenkrupp Materials Processing Europe is investing to increase production capacity

Thyssenkrupp Materials Processing Europe, a subsidiary of German steel giant thyssenkrupp, is poised to make a major leap forward at its facility in Stuttgart.

thyssenkrupp Materials Processing Europe is investing to increase production capacity

The company plans to increase the facility's annual production capacity to 350,000 tons by building two new production lines and a 2,000 square meter finished products warehouse.

A state-of-the-art slitting line provided by German engineering firm Tilgert will enable the company to offer a comprehensive processing portfolio in the thickness range of 0.2 mm to 5.0 mm. The slitting line is scheduled to begin operations in September 2025.

Alongside this, a new high-performance packaging line equipped with automation systems from Italian firm Promec will also be installed. This line will be used for the handling of heavy finished products and is expected to become operational in the first half of 2025. No concrete information about the investment costs was disclosed.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Steel prices in the Middle East shaped by production and demand dynamics

Monday, August 4, 2025

Alarm bells for the bankruptcy of Iran's steel industry

Monday, August 4, 2025

BlueScope-led consortium considers takeover of Australia's Whyalla steel mill

Monday, August 4, 2025

Japan Steel Works announced growth above expectations in the first quarter of fiscal 2026

Monday, August 4, 2025

Nippon Steel to fully acquire Kurosaki Harima

Monday, August 4, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now