ThyssenKrupp announces planned closure of Neuwied sheet plant

Steelmaking group ThyssenKrupp will close down its electro-galvanized sheet plant in Neuwied, Germany, as part of a plan to return to profitability, the company said on Tuesday August 20.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

“In view of the difficult situation in the steel market, particularly with regard to sales of auto sheet, savings at the ThyssenKrupp site in Neuwied are unavoidable,” the Essen-based producer said.

Production at the Neuwied plant, which is part of tinplate subsidiary ThyssenKrupp Rasselstein, will be closed down step-by-step, beginning with the closure of one of the galvanizing lines (EBA 6) by September 30 this year.

The other galvanizing line, FBA 11, has already been discontinued.

Neuwied’s cold rolling mill is planned for closure on December 31, while the pickling unit will continue operatinos until September 2015.

The pickling unit is also used in the production cycle of a second ThyssenKrupp Rasselstein plant in Andersach, which produces tinplate.

When the unit is closed down at Neuwied, pickling capacity at Andersach will be increased.

ThyssenKrupp has confirmed that “no compulsory redundancies” will be made and notes that “as many as possible” of the 320 employees at Neuwied are to be moved to Andersach.

The company’s management has agreed with workers’ representatives at the Neuwied and Andersach plants on the implementation of the restructuring.

In total, the number of jobs at both ThyssenKrupp Rasselstein plants will be reduced by about 420 in the next few years through restructuring measures.

Tinplate production in Andersach will continue to be a core business for ThyssenKrupp’s steel division, the company said.

But ThyssenKrupp and the workers’ representatives have not yet agreed on the management’s proposed reduction of working hours from 2015, the company added.

What to read next
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
Electrolysis processes developed by Boston Metal and Electra that eliminate the need for coal in steel production could be key to a net-zero emissions future for the metallics industry, attendees learned at Fastmarkets’ conference on January 17-19 in Dallas
Low supply, strong demand to spur scrap prices higher in Feb, market says
US deep-sea ferrous export prices from the East Coast to Turkey have plateaued, with a Turkish mill purchasing a cargo at prices stable from the last-reported sale
The current shortage of some higher purity grades of aluminium, such as P0610, and the robust demand for units should maintain the higher differential to prices for P1020-grade aluminium, market sources told Fastmarkets on Monday January 30
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.