ThyssenKrupp trading arm adds US ferro-alloys, minerals trading desk

ThyssenKrupp Metallurgical Products NY (TK MetPro NY) is adding a ferro-alloys and minerals trading desk as part of its US expansion.

ThyssenKrupp Metallurgical Products NY (TK MetPro NY) is adding a ferro-alloys and minerals trading desk as part of its US expansion.

“TK MetPro NY is in the process of expanding its product portfolio by adding a ferro-alloys and minerals trading desk to its existing structure and core business,” a spokesman confirmed to Metal Bulletin.

The company has built and restructured its US teams in recent months.

Thorsten Sörje, former senior nickel and copper trader at TK MetPro GmbH, Germany, took over as president of TK MetPro NY in July.

Sörje will run the New York office along with its sales offices in Atlanta and Vancouver, after former president Derek Benham retired from this position earlier this year. 

TK MetPro NY hired Cameron Law this month to “further expand the metals trading activities to include the full spectrum of base and minor metals”. Law was previously a commercial manager at nickel producer Votorantim Metais, Metal Bulletin understands.

Janice Körnig, an experienced zinc trader, has been a part of the New York team since the beginning of 2014, ThyssenKrupp said. 

Colin Strang has left TK MetPro NY owing to personal reasons. 

The minerals department of TK MetPro NY is led by Yan Chen.

Senior trader Kevin Eales will be responsible for the ferro-alloys trading activities form the Atlanta sales office.

The US ferro-alloy team will work with Martin Polczyk, head of the ferro-alloys department in Germany, the company said.

TK MetPro NY will have access to ThyssenKrupp Group-owned warehouses and trucking networks throughout the USA and Canada.

TK MetPro, ThyssenKrupp’s trading arm, last year acquired New York-based cobalt and nickel trader BenMet, which was the agent for Jinchuan cobalt in the USA and Europe. 

Fleur Ritzema 
fritzema@metalbulletin.com
Twitter: FleurRitzema_MB 

What to read next
Own-sourced copper output from Glencore’s African copper assets — KCC and Mutanda in the Democratic Republic of Congo — surged by 68% year on year to 67,900 tonnes over the same period, while Glencore’s cobalt production fell by 39% year on year amid the DRC’s export quota system.
Copper’s long-term outlook is constrained by the industry’s limited ability to bring new supply online fast enough to meet rising demand, with permitting delays, higher capital costs and policy risks slowing project development, industry executives said at the FT Commodities Global Summit on Wednesday April 22.
Capital is flowing back into junior mining, but selectively. Investment is increasingly favouring development‑stage assets with clearer paths to production, supported by government funding and strategic partnerships. While demand for critical minerals underpins the cycle, early‑stage explorers continue to struggle for capital as investors prioritise discipline, ESG alignment and near‑term cash flow.
Copper in concentrate production from Ivanhoe Mines' Kamoa-Kakula complex in the Democratic Republic of Congo (DRC) fell to 61,906 tonnes in the first quarter, down by 54% from 133,120 tonnes a year earlier, with the company now evaluating local third-party concentrate purchases to advance the ramp-up of its on-site smelter, according to an April 13 production release as the market focused its attention on the impact of global sulfuric acid shortages during CESCO Week in Chile from April 13-17.
China's planned sulfuric acid export ban from May 1, historic lows for copper concentrates treatment and refining charges (TC/RCs) and a fragmenting 2026 benchmark system dominated CESCO Week 2026 in Santiago from April 13-17.
The proposal would align the index more closely with physically traded volumes in the region, and enable it to adjust to evolving market conditions. This proposal follows an observed widening of the spread between trader and smelter purchase components of the index and is aligned with a majority of market feedback. Additionally, Fastmarkets seeks feedback […]