DEPLOYDatabase

Company

Thyssenkrupp Steel

ThyssenKrupp AG is a German industrial engineering and steel production conglomerate formed in 1999 from the merger of Thyssen AG and Friedrich Krupp AG,…

Founded
1999
HQ
Essen and Duisburg, Germany
Status
active

Overview

ThyssenKrupp AG is a German industrial engineering and steel production conglomerate formed in 1999 from the merger of Thyssen AG and Friedrich Krupp AG, headquartered in Duisburg and Essen. The company operates automated steel production lines and robotic manufacturing systems, and its subsidiary ThyssenKrupp Marine Systems manufactures naval vessels including submarines and frigates.

Verified record

Verified deployments
None on file
Active incidents
None on file

Key facts

Revenue

€35.04 billion (2024)

Employees

98120 (2024)

Restructuring

Comprehensive steel restructuring plan (Nov 2024), Krause Automation divested to Agile Robots, RWE direct reduction plant partnership

Robotics

Autonomous robotics and PhysicalAI four-way alliance, digitalization and automation across Materials Services

Financial stage

Distressed (Germanys largest steel producer, restructuring, steel output fell 8.6% 2025, Steel International non-binding offer)

Data & sources

Web sources

1

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Thyssenkrupp Steel on the deployment map

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Current leadership (1)

Safety record

No incidents on record for Thyssenkrupp Steel.

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Recent coverage

Thyssenkrupp Steel in third-party press