Press Conference fort he Ground Breaking Ceremony for the new steel mill ThyssenKrupp CSA Companhia Siderùgica, Brasil

"A key step on the path to a new dimension are our plans for the flat carbon steel business," said Dr. Schulz. The steel mill, to be operated by CSA Companhia Siderùrgica do Atlantico, is scheduled to start production in early 2009.

ThyssenKrupp to invest heavily and grow in the coming years

The medium-term sales target of ThyssenKrupp AG is €50 billion. That's according to remarks made by Dr. Ekkehard Schulz, Executive Board Chairman of ThyssenKrupp AG, in Brazil, where the foundation stone for the new Brazilian steel mill of ThyssenKrupp Steel AG was laid today in Sepetiba in the state of Rio de Janeiro. Around €30 billion of these sales will be generated by product-oriented businesses and €20 billion by service-related activities. In the area of Steel, sales are expected to increase in the future to €16 to 19 billion, in Capital Goods to €19 to 21 billion and in Services to €13 to 14 billion. "But that will not be the end. In ten years we are aiming for €55 billion. As sales increase, earnings will also continue to improve," continued Dr. Schulz.

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Remarks by Dr.-Ing. Ekkehard D. Schulz PDF (47KB)
Remarks by Dr. Karl-Ulrich Köhler PDF (163KB)

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