ThyssenKrupp, Outokumpu to Combine Stainless Steel Businesses
All German production sites of Inoxum will be preserved without restrictions at least until 2015. The meltshop in Krefeld will be gradually shut down until the end of 2013. Until then, the strip casting equipment will continue to operate. Overall, there will be an enhancement of the cold-rolling facility in Krefeld, which includes the establishment of a research and development center and the transfer of an additional cold-rolling volume of 70,000-90,000 tons per year to Krefeld and Dillenburg. This transaction is expected to be completed by the end of 2012.