February 27, 2015 5:47 PM ET

Metals and Mining

Company Overview of ThyssenKrupp Steel Europe AG

Company Overview

ThyssenKrupp Steel Europe AG manufactures and supplies carbon steel flat products. Its products include hot strips, heavy plates, sheet/coated products, organic coated strip and sheets, electrical steels, tinplates/blackplates, medium-wide strips, and other products and services. The company’s byproducts include materials for cement production, road building, track building, and hydraulic engineering. It serves customers in automotive, shipbuilding, energy, heavy machinerywas formerly known as ThyssenKrupp Steel AG. The company , construction, home appliances, packaging, and electrical appliance industries in Germany and internationally. ThyssenKrupp Steel Europe AG was founded in 1997 and i...

Kaiser-Wilhelm-Strasse 100

Postbox 47161

Duisburg,  47166


Founded in 1997


49 203 52 0


49 203 52 25 102

Key Executives for ThyssenKrupp Steel Europe AG

Chief Executive Officer, Chief Financial Officer and Member of Executive Board
Age: 50
Head of The Hot & Cold Rolling & Galvanizing Operations and Member of Executive Board
Age: 52
Chief Human Resources Officer, Labor Director and Member of Management Board
Age: 57
Head of Stainless Division
Age: 49
Head of Communications for Business Area Steel Europe
Compensation as of Fiscal Year 2014.

ThyssenKrupp Steel Europe AG Key Developments

ThyssenKrupp Steel Europe AG Announces Board Changes

ThyssenKrupp Steel Europe AG announced the appointments for the Steel Europe business area with the appointments of Andreas Goss as CEO and Thomas Schlenz as CHRO and Labor Director were extended. Premal Desai will be appointed as a new member of the management board with effect from January 1, 2015. Currently chief strategist for the ThyssenKrupp Group, Desai will take over as the business areas Chief Financial Officer with responsibility for Controlling, Accounting & Risk, Information Technology, Purchasing Raw Materials/Energy & Materials Management and Compliance. Desai joined ThyssenKrupp in 2006 and among other things has headed the Groups own Management Consulting unit as well as Corporate Technology/Innovation/Sustainability. In addition to his position as chief strategist he is currently also responsible for Corporate Affairs. Before joining ThyssenKrupp Premal Desai worked for The Boston Consulting Group.

ThyssenKrupp To Keep ThyssenKrupp Steel Europe

ThyssenKrupp AG (XTRA:TKA) is holding on to ThyssenKrupp Steel Europe AG, a company spokesman said, responding to speculation that a sale could help its current restructuring efforts. "We've always said that we want to keep the steel business," the spokesman said. German magazine Focus, citing no sources, reported that ThyssenKrupp Chief Executive Heinrich Hiesinger had told an internal leadership meeting it was wrong to believe that a sale of the European business could support the company. Hiesinger in August 2013 dismissed any speculation on a possible sale of Steel Europe as "nonsense", but such talk has resurfaced due to ThyssenKrupp's weakening finances.

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