Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

October 09, 2015 1:07 PM ET

Metals and Mining

Company Overview of ThyssenKrupp Steel Europe AG

Company Overview

ThyssenKrupp Steel Europe AG manufactures and supplies steel and steel materials. The company offers hot strips, heavy plates, sheet/coated products, organic coated strips and sheets, composite materials, electrical steel products, tinplates/blackplates, and medium-wide strips. Its byproducts include components for the cement production and the construction of roads, tracks, and hydraulic engineering; converter limes for the production of fertilizers; iron oxide as raw material for the iron industry; and products for other applications. The company serves automotive/trucks, construction, machine and plant engineering, energy, special-purpose vehicles, packaging, and household industries in G...

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

Chairman of Executive Board, Chief Executive Officer and President
Age: 51
Chief Financial Officer and Member of the Executive Board
Age: 46
Chief Human Resources Officer, Labor Director and Member of Management Board
Age: 58
Head of Stainless Division
Age: 50
Head of Communications for Business Area Steel Europe
Compensation as of Fiscal Year 2015.

ThyssenKrupp Steel Europe AG Key Developments

Steel Europe Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2015

Steel Europe reported earnings results for the third quarter and nine months ended June 30, 2015. For the quarter, the company contributed adjusted EBIT of EUR 166 million, the high in 15 quarters. For the nine months, Order intake and sales at EUR 6.5 billion each were 5% and 2% respectively lower than a year earlier against sales of EUR 6.7 billion year ago, on a comparable basis the decreases were 6% and 3% respectively. Measures implemented under the "Best-in-Class Reloaded" program continued to have a significant positive impact on earnings. This includes the substantially reduced losses at Electrical Steel following restructuring measures. Adjusted EBIT was EUR 358 million almost doubled compared with the prior-year period of EUR 185 million.

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.

Similar Private Companies By Industry

Company Name Region
MCE Industrietechnik Aschersleben GmbH Europe
Stahlwerk Bous GmbH Europe
Surpro GmbH Europe
Contec GmbH Europe
Götz Feinblechtechnik GmbH Europe

Recent Private Companies Transactions

August 28, 2015
ThyssenKrupp Steel Heavy Plate Antwerp
May 12, 2015
Angang Group Company

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ThyssenKrupp Steel Europe AG, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at