Stahlwerk Thüringen continues production

2019 internal expenditures include a new crane at the scrap yard, the replacement of the high-voltage power supply at the electric arc furnace and a new rolling stand. Despite the slowing economy, production decreased by only 15,000 tons to 791,000 tons, almost on par with 2018. According to management, while 2018 was very satisfactory, 2019 was also a good year, but slightly behind expectations.

Management says that the mill's order books are well filled, but that customers are becoming more demanding on different sizes of profiles, which requires additional conversion time at the rolling mill. The factory has also lost attractive customers among manufacturers of equipment and panzers for the oil industry in South America due to international trade barriers. On the other hand, it has increased sales to the US, where last year it was the only candidate with a license to supply railway sleepers, together with a Swiss partner.