Growth in North America

In a strategic step to further develop the thyssenkrupp Materials Services segment, thyssenkrupp Materials Processing Europe is taking over the 2A business from thyssenkrupp Stahlkontor as of October 1, 2024. This move is aimed at achieving greater efficiency for the entire segment through synergy effects.

thyssenkrupp Materials Processing Europe, a specialist in the service center sector, already trades in declassified cold-rolled strip and surface-coated material. By expanding its product portfolio to include declassified hot-rolled strip, the company will be able to offer its customers an even more comprehensive range from a single source. thyssenkrupp Stahlkontor will continue its other business activities unchanged.

• The company and its German subsidiaries are among the best employers of 2024.

• The jury's decision highlighted thyssenkrupp Materials Services' commitment to its employees in the areas of employer brand, talent acquisition, well-being, ethics and integrity, sustainability, and employee feedback.

• HR processes and practices were also rated as particularly good.

thyssenkrupp Materials Services has been certified as a Top Employer 2024 in Germany. This means that the company, with all its German subsidiaries, is one of the best employers in the country. The award was preceded by an extensive audit of the company's human resources processes, policies and practices by the Top Employer Institute. As one of the world's leading mill-independent materials distributors and service providers, thyssenkrupp Materials Services is one of 173 German employers to receive the award this year.

thyssenkrupp Materials Services particularly impressed the jury in the areas of employer brand, talent acquisition, well-being, ethics and integrity, sustainability, and employee feedback. The company achieved full marks in the ethics and integrity category, among other things, thanks to the consistent implementation of the Code of Conduct and the early piloting of an ethics framework for the use of artificial intelligence.

On Wednesday, September 25, thyssenkrupp MillServices & Systems inaugurated its new training center. The new 800 square meter facility in Oberhausen, Germany, offers space for more than 40 apprentices. As part of the celebrations, the Unternehmerverband, a German employers' association, honored thyssenkrupp MillServices & Systems for its special achievements in training.

The training center and welding shop of thyssenkrupp MillServices & Systems, a leading provider of industrial services, has moved from its previous location on Hagelkreuzstraße to the former Air Liquide site on Lipperfeld in Oberhausen, Germany. The move, which included an expansion of the workshop, was necessary because the number of apprentices at the company has more than doubled in recent years. This year alone, 30 new apprentices joined the existing 57 in August and September. After a five-month renovation phase of the new premises and the purchase of new lathes and milling machines, the entire 18-month basic training course for construction and industrial mechanics can now take place in one place before the apprentices move on to the company modules. This means that thyssenkrupp MillServices & Systems is no longer dependent on an external training partner, but can now carry out the entire training itself.

• Expansion of capacities with a new slitting line and packaging line

• Construction of an additional 2,000 square meter shipping and finished materials warehouse

• Integration of new technologies such as fully automated digital setup and production process monitoring

thyssenkrupp Materials Processing Europe, the leading steel and aluminum service center in Europe, is expanding its capacities and investing a low double-digit million euro amount in its network: At the Stuttgart site, the company plans to install two new lines and build a new 2,000 square meter warehouse. The aim is to increase production, packaging and storage capacities and to optimize them digitally. Construction work and preparations for the installation of the new slitting and packaging systems began in August.

The state-of-the-art slitting line is expected to be operational by September 2025. The new line, supplied by Tilgert, will increase the total capacity to 350,000 tons per year and provide a comprehensive processing portfolio in the thickness range from 0.2 to 5.0 mm. In addition to conventional rolled steel, electrical steel strip can also be processed. As an indispensable component in the construction of electric motors, transformers and generators, the product is important for climate-neutral production and energy independence.

In order to meet the expanded production capacities in the packaging area as well, a new high-performance packaging line from the Italian company Promec, which is characterized by a high degree of automation and the ability to process high weight finished materials, will be installed in spring 2025.

thyssenkrupp Aerospace and the Mecachrome Group, one of the five largest manufacturers of aerospace parts in Europe, have extended their existing long-term partnership by signing a Master Service Agreement (MSA) covering another five years. thyssenkrupp Aerospace, part of thyssenkrupp Materials Services, one of the world’s leading mill-independent materials distribution and service providers, will deliver material management solutions to the Mecachrome Group, including the supply of more than 1,000 stock keeping units of cut-to-size aluminum plates to multiple locations from its sites in France and Tunisia.

The agreement was designed to optimize material flows and to manage Conbid, the consolidated material supply process used for Airbus. The contract also includes a tailor-made digital control tower solution built to smartly manage in real time Mecachrome’s material supply needs for its sites in France, Tunisia and Morocco.  

thyssenkrupp Aerospace India, the first materials distribution and service provider for the aerospace and defense industry in India and part of thyssenkrupp Materials Services, has been awarded a long-term contract by Dynamatic Technologies for the Airbus A220 program. This agreement further reinforces the strategic cooperation and heralds a new chapter in the collaboration between the two companies, focusing on material supply and comprehensive supply chain management services.

Under this long-term agreement, thyssenkrupp Aerospace India will manage the supply chain for raw materials, warehousing, and processing services for Dynamatic Technologies’ facilities in India. The primary product group covered under this contract includes aluminum, steel and titanium products, which will be serviced from thyssenkrupp Aerospace India's local site in Bangalore. The products will be supplied in various shapes and sizes to meet the precise needs of Dynamatic Technologies, ensuring just-in-time delivery to their manufacturing facilities.