Thyssenkrupp Steel Launches State-of-the-Art Casting Machine in Duisburg - News and Statistics - IndexBox

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German steel giant Thyssenkrupp Steel has commenced trial operations of its state-of-the-art continuous casting machine No. 4 (SGA 4) at the Bruckhausen plant in Duisburg, Germany. According to the company's announcement, this development marks the largest single investment project in recent decades.

Equipped with cutting-edge automation and casting technology, the SGA 4 is designed to enhance slab production with improved accuracy and surface quality. The new machine is a pivotal component of Thyssenkrupp's strategy to secure a sustainable and efficient future for steel production at Duisburg, as highlighted by CEO Dennis Grimm.

The successful casting of the first slabs signifies a critical milestone towards the full commissioning of the plant, anticipated to unfold in stages over the coming weeks. The facility also includes a fully automated slab storage area and a modernized Hot Strip Mill No. 4, featuring a new pre-treatment line and two walking beam furnaces.

As part of the broader Strategy 20-30, this modernization initiative aims to adapt production processes at Duisburg, focusing on premium products with enhanced efficiency and flexibility. Thyssenkrupp's transformation into a holding company, with plans to present a strategic target model to the Supervisory Board by the fiscal year's end, underscores the company's commitment to innovation and investment in its core operations.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for slabs, billets and blooms of iron and steel in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

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