ABOUT THYSSENKRUPP STEEL

• thyssenkrupp Steel is part of the wider thyssenkrupp group and is Germany’s largest flat Steel manufacturer, existing since the 1800’s. The group currently has over 100,000 employees and is split into six segments: Materials Services, Industrial Components, Automotive Technology, Steel Europe, Marine Systems and Multi Tracks. The Steel Europe business employs 26,000 people and produces near 11 million tons of crude steel for the auto, household appliance, packaging, and energy segments every year.
• The umbrella company amassed EUR 34 billion (USD 34.5 million) in sales in 2021. Its steel business was the second highest contributing segment, amassing EUR 8.9 billion (USD 9 billion) in sales. The company has a portfolio of approximately 18,100 patents and utility models.
• A renewed focus on climate transformation has seen thyssenkrupp Steel develop a certified CO2-reduced steel called Bluemint Pure Steel. This innovative material helps reduce the production impact of steel, by reducing the amount of coal needed to smelt iron ore and transform it into steel.
• This is done by substituting a portion of the traditional iron ore with sponge ore - a previously reduced iron that does not need further reducing by coal to be turned into steel, meaning less coal is needed overall. This simple swap has reduced the company’s CO2 emissions per ton of steel from 2.1 tonnes to 0.6 tonnes.
• What sets bluemint apart from more common low-carbon steel is that key properties of steel are not lost in the process. Low-carbon steel is renowned for making steel more pliable and therefore less effective in key industries. bluemint steel retains its high grade.
• Future goals include the adoption of hydrogen infrastructure to create 100% carbon neutral steel by 2045. Hydrogen will replace coal entirely in the production process.
• The group’s Duisburg-based, steel-making site - where bluemint is manufactured - is five times the size of Monaco and is considered Europe’s largest steel making location. The company also has sites across France, Switzerland and Spain.
• thyssenkrupp Steel is ISO 14001-certified for having adequate environmental management systems that enhance its environmental performance. It is headquartered in Duisburg, Germany.