Home > Steel News > Latest Steel News > Thyssenkrupp’s...

Thyssenkrupp’s logistics unit to become independent

Friday, 03 June 2022 17:47:42 (GMT+3)   |   Istanbul

German-based Thyssenkrupp Steel Europe has announced that it has decided to set up its port facilities as an independent subsidiary of the steel business, as part of the company’s Steel Strategy 20-30.

The new subsidiary, Thyssenkrupp Steel Logistics GmbH, will become independent at the beginning of July 2022. 

The entire port complex with the Schwelgern works port, to which the raw materials are delivered, and the Walsum port, where general cargo is handled, as well as associated units, will be transferred to the new company. 

According to the statement, if steel production in Duisburg is switched from the conventional blast furnace route to direct reduction using hydrogen, essential parts of the deliveries will gradually be eliminated: for example, the coal which is transported by ship across the Rhine to Schwelgern port.

DamlaTükenmez
Damla Tükenmez
Editor

I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.

Similar articles

Primetals completes modernization of thyssenkrupp Steel's Duisburg slab caster

Thyssenkrupp's Duisburg DRI plant could initially operate without hydrogen

Thyssenkrupp posts €34 million net profit in Q3 FY 2025-26 amid challenging market conditions

Thyssenkrupp Rasselstein to source renewable power from new 8 MWp solar plant

Low Rhine water levels raise logistics costs, force Thyssenkrupp Steel to cut blast furnace output

Thyssenkrupp completes sale of remaining AST stake to Arvedi Group

Thyssenkrupp Steel restarts hot strip mill 4 at Duisburg after October fire

Thyssenkrupp reports net loss and lower sales for Q2 FY 2025-26

Thyssenkrupp supplies bluemint® steel for Angola water pipeline project

Thyssenkrupp calls for stronger EU protection against electrical steel imports