-(1)-Reinhausen-(1).jpg?lang=en-US&ext=.jpg)
Veolia.gif?width=200&height=200&mediaprotectionhash=4deca34a0d5a00013b5a0ccdc2dcf98fd2c17aabb57eb7bbb27200552f29c247&ext=.gif)
thyssenkrupp Steel, Union Set Outline Agreement Over Restructuring
05/07/2025 - thyssenkrupp’s steel unit has reached an agreement in principal with union workers over a planned restructuring, allowing for negotiations over a collective-bargaining agreement, the company has announced.
"The agreement in principle that has now been reached builds on the future industrial concept presented last November, and represents an important strategic step, while at the same time signaling that things are moving forward,” said Marie Jaroni, thyssenkrupp Steel’s chief sales and transformation officer.
“We now urgently need to continue putting our industrial concept into effect, so that we can become competitive again. We have no time to lose here. This is the absolutely essential prerequisite for being able to shape our future actively by ourselves."
thyssenkrupp is looking to reduce production capacity to a shipping level of between 8.7 and 9 million metric tons, due to market conditions. At the same time, it is continuing to advance its transformative green steel project, which includes a direct reduction plant.
“As a second transformation step, the construction of an electric steel plant at the Duisburg location is under examination, and details are being worked out,” the company said.
thyssenkrupp said the IG Metall union recognizes that personnel adjustments need to be made across all sites and that costs must be reduced in order to achieve competitiveness. Under the agreement, a structured process is to be set up to decide which operations and tasks will survive the restructuring and which can be outsourced or sold.
“We now urgently need to continue putting our industrial concept into effect, so that we can become competitive again. We have no time to lose here. This is the absolutely essential prerequisite for being able to shape our future actively by ourselves."
thyssenkrupp is looking to reduce production capacity to a shipping level of between 8.7 and 9 million metric tons, due to market conditions. At the same time, it is continuing to advance its transformative green steel project, which includes a direct reduction plant.
“As a second transformation step, the construction of an electric steel plant at the Duisburg location is under examination, and details are being worked out,” the company said.
thyssenkrupp said the IG Metall union recognizes that personnel adjustments need to be made across all sites and that costs must be reduced in order to achieve competitiveness. Under the agreement, a structured process is to be set up to decide which operations and tasks will survive the restructuring and which can be outsourced or sold.
