Dr. Heinrich Hiesinger elected to Executive Committee of the World Steel Association
For the German steel industry, Hans-Jürgen Kerkhoff, President of the German Steel Federation (Wirtschaftsvereinigung Stahl), said yesterday in Paris that although economic prospects had clouded in recent weeks, he did not expect any fundamental reversal of the previous positive trends on the German and international steel markets. This assessment is in line with worldsteel's Short Range Outlook for 2012, which predicts 5.4 percent growth in global steel output, with China still the main driving force.
ThyssenKrupp is a diversified industrial group. It has around 180,000 employees in over 80 countries developing ideas and innovations into solutions for sustainable progress. In fiscal year 2009/2010 ThyssenKrupp generated sales of more than 42 billion.
For us innovations and technical progress are key factors in managing global growth and using finite resources in a sustainable way. With our engineering expertise in the areas of "Material", "Mechanical" and "Plant", we enable our customers to gain an edge in the global market and manufacture innovative products in a cost and resource efficient way.