thyssenkrupp Steel had decided to close down this business unit as part of its steel Strategy 20-30 since it does not see any economically viable future for it within the thyssenkrupp Group. No buyer could be found for the business either. The Strategy 20-30 focuses on premium steels for automotive and upscale industrial products and on steels for e-mobility and the packaging industry.

Employees will be offered alternative jobs in the company

The closure of the plant will not entail any layoffs. More than 90 percent of the approx. 800 employees will be offered alternative jobs in the north of Duisburg or at other sites of thyssenkrupp Steel. The majority of employees have already found alternative positions in the company. Others will be offered early retirement schemes.

thyssenkrupp continues to be a specialist for high-strength and wear-resistant cut-to-length plates

The hot strip cut-to-length line in Antwerp belonging to the heavy plate unit will not be affected by the closure. This unit will be continued. High-strength and wear-resistant cut-to-length plates, for example for trucks, construction or agricultural machinery, will therefore remain in the portfolio of thyssenkrupp Steel.