ThyssenKrupp Eyes Spinoff of Stainless, Foundry Operations in North America

June 2011
Metal Center News;Jun2011, Vol. 51 Issue 7, p80
Trade Publication
The article reports on the move of Germany-based ThyssenKrupp AG in its plan for divesting several properties in North America. It notes that the plan includes a stainless mill in Calvert, Alabama. It mentions that the company has a worldwide sales of 8.5 billion dollars in its stainless business division. Dr. Heinrich Hiesinger, executive board chairman of the company, says that global stainless market is a growth market.


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