thyssenkrupp Steel Europe has reached a significant milestone in its modernization journey with the early decommissioning of its long-serving casting and rolling line at the Duisburg facility. This strategic move, executed two weeks ahead of schedule on October 30, 2024, marks a crucial step in the company's Strategy 20-30 transformation plan, setting the stage for advanced steel production capabilities.
The modernization project centers on replacing the existing 25-year-old equipment with cutting-edge technology, including a state-of-the-art continuous casting line and an upgraded hot strip mill. The new installation, comprising continuous casting line 4 and hot strip mill 4, will be equipped with two advanced walking beam furnaces, with operations scheduled to commence in May 2025. This upgrade represents a substantial investment in the facility's future productivity and technological capabilities.
Dennis Grimm, Spokesman of the Executive Board of thyssenkrupp Steel, emphasizes the strategic importance of this modernization effort. The company's investment aims to enhance both efficiency and profitability at the Duisburg site. By separating and converting the casting and rolling line, thyssenkrupp Steel will achieve greater production flexibility and improved system availability, crucial factors for meeting evolving customer demands in key markets such as mobility and energy.
The modernization project aligns with thyssenkrupp Steel's focus on premium product development, particularly in the automotive and energy sectors. The upgraded facilities will specialize in producing multiphase steels and lightweight materials, alongside grades requiring superior surface quality. Additionally, the new setup will strengthen the company's capability to manufacture high-quality electrical steel grades, essential components for the ongoing energy and mobility transition.
The project's execution involves key personnel including Andy Rohe, Head of Downstream Operations, Ali Güzel, Chairman of the Works Council, and Michael Bössler, Head of GWA, who were present during the decommissioning ceremony. Their involvement underscores the collaborative approach taken in implementing this significant technological upgrade.
The modernization initiative represents more than just a technical upgrade; it symbolizes thyssenkrupp Steel's commitment to sustainable and innovative steel production. The new facilities are designed to meet increasingly stringent environmental standards while maintaining the high-quality standards that customers expect from one of Europe's leading steel producers.
The early completion of the decommissioning phase demonstrates thyssenkrupp Steel's operational efficiency and project management capabilities. This achievement provides additional preparation time for the installation and testing of new equipment, potentially enabling a smoother transition when the new facilities begin operations in May 2025.
