Thyssenkrupp Ag · XETR:TKA
Thyssenkrupp — Investor Presentation (2010)
21 slides from Thyssenkrupp's investor presentation, 2010
Slide 1: ThyssenKrupp in the U.S.
ThyssenKrupp in the U. S. 1 Developing the future.
Slide 2: ThyssenKrupp in the USA – 170 years of history
ThyssenKrupp in the USA – 170 years of history 1837 Krupp supplies prototype coin minting machine to the USA 1848 First use of Krupp steel: Pennsylvania Railway 1893 Thyssen enters market 1929 Krupp stainless steel patent for Chrysler Building 1959 Thyssen Export Corporation founded in New York 1978
Slide 3: ThyssenKrupp foreign markets in fiscal year 2009/2010
ThyssenKrupp foreign markets in fiscal year 2009/2010 Sales to foreign customers in € bn, share of total sales in % 4.9 ($6.7 bn) The USA is ThyssenKrupp’s biggest market outside Germany. 11.6% 2.4 2.0 1.8 1.6 1.5 1.4 5.6% 0.8 0.8 0.8 4.7% 4.1% 3.7% 3.5% 3.2% 1.9% 1.8% 1.8% USA France Spain Brazil N
Slide 4: ThyssenKrupp locations in the USA
ThyssenKrupp locations in the USA Michigan: TK USA, Inc. (Holding) TK Materials NA, Inc. TK Materials, LLC Illinois: Ohio: TK System Engineering, Inc. TK Presta Danville, LLC TK Bilstein of America, Inc. TK Automotive S & T Center Wisconsin: TK Crankshaft Co., LLC TK Crankshaft Co., LLC TWB Company
Slide 5: Employee numbers at the largest local US companies
Employee numbers at the largest local US companies Number TK Elevator Corp. 6,496 TK Waupaca 3,029 TK Materials North America 1,259 TK Elevator Manufacturing 1,069 TK Materials, LLC 420 TK Crankshaft 399 Rotek Inc. 383 TK Presta Danville 326 TK Bilstein of America 245 USA total: 17,168 TK System Eng
Slide 6: Transatlantic steel strategy
Transatlantic steel strategy Steel Americas Steel Europe Planned transatlantic production capacities Capacity Steel Americas Steel in million t p.a. Brazil NAFTA Europe** ThyssenKrupp Slabs >5 - 15 Steel USA ThyssenKrupp Steel Europe Hot-rolled - >5* 17 ~ 3-5 million t ~ 0-2 million t Cold-rolled -
Slide 7: Steel Americas (I)
Steel Americas (I) The Steel Americas business area includes the new steelmaking and processing plants in North and South America: { A steel mill in Brazil with an annual crude steel capacity of >5 million t { A processing plant in the USA, including hot rolling, cold rolling and coating facilities
Slide 8: Steel Americas (II)
Steel Americas (II) ThyssenKrupp CSA ThyssenKrupp Steel USA Sepetiba Bay, Santa Cruz, Rio de Janeiro, Brazil Plant on the Tombigbee, AL ThyssenKrupp Steel 7 stands7 USA Blast furnace #1 fired up: July 12, 2010 1st coil: July 31, 2010 ThyssenKrupp 1st slab: September 7, 2010 Steel USA 2.5 cm 66 thick
Slide 9: Steel USA – expected timetable for equipment startup
ThyssenKrupp Steel USA – expected timetable for equipment startup Fiscal year 2009/2010 Fiscal year 2010/2011 Main units Hot rolling mill Cold rolling mill 1st coil Pickling line 1st slab delivered HDC 1* HDC 3* HDC 2* HDC 4* Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Finishing lines Ancillary units *Hot dip coatin
Slide 10: Steel USA: 1st coil on July 31, 2010
ThyssenKrupp Steel USA: 1st coil on July 31, 2010 Coil handling Hot dip coating 1-4 Interface with Stainless Stainless Tandem/cold rolling mill Newstar Hot strip mill River terminal Planned Stainless melt shop Finished Products Carbon Steel: 4.1 million tons Stainless: Up to 1 million tons 10 Develo
Slide 11: Steel USA: Optimum logistics and state-of-the-art processing plant
ThyssenKrupp Steel USA: Optimum logistics and state-of-the-art processing plant in new US industrial center ThyssenKrupp Steel USA: Plant layout, capacities and supply structure Hot rolling mill Cold rolling mill Coating lines capacity: >5 m t/a capacity: 2.5 m t/a capacity: 1.8 m t/a Mt. Vernon, Al
Slide 12: Ideal position in southeastern USA close to Mexico
Ideal position in southeastern USA close to Mexico Geographical position of ThyssenKrupp Steel USA with home market and blast furnace/electric-arc furnace competitors Electric-arc furnace Blast furnace Automotive customers Other industrial customers ThyssenKrupp Steel USA 1) Size of industrial and a
Slide 13: NAFTA sales and marketing making good progress
NAFTA sales and marketing making good progress Efficient use of unique { Strong demand for ThyssenKrupp quality product mix and service portfolio: Local tech center with American and German engineers { Product mix: Development of future material concepts Sizes (width/thickness) Close toleran
Slide 14: Penetration of NAFTA market based on unique selling points
Penetration of NAFTA market based on unique selling points Unique selling point Levers { State-of-the-art production plant 1 1. Technology { Only integrated hot rolling mill in southern USA with 7 stands for 188 cm width and 2.5 cm thickness { Ideal procurement and distribution logistics; ideal loca
Slide 15: Stainless USA (NewStar)
ThyssenKrupp Stainless USA (NewStar) Production started in September 2010 15 Developing the future.
Slide 16: Production startup 64 inch cold rolling mill September 16, 2010
Production startup 64 inch cold rolling mill September 16, 2010 Entry – 1st stand Employees at control station Exit – 2nd stand HMI – 2nd stand Exit – 2nd stand Employees on production line 16 Developing the future.
Slide 17: Stainless USA: Attractive NAFTA stainless market
ThyssenKrupp Stainless USA An attractive opportunity for the Stainless Global business area Attractive NAFTA Favorable time for Significant synergies stainless market market entry with Steel Americas Stable market growth (post- Industry has consolidated Investment synergies crisis recovery)
Slide 18: Stainless USA Company profile
ThyssenKrupp Stainless USA Company profile ThyssenKrupp Stainless USA Production site ThyssenKrupp Steel USA • Combined market penetration in NAFTA region and Latin America Jointly used hot strip mill • Specialization with regard to products and customers ThyssenKrupp Stainless USA, LLC Calvert, AL
Slide 19: Greenfield USA as second pillar in growing NAFTA market
Greenfield USA as second pillar in growing NAFTA market Combined market penetration by TK Stainless USA and TK Mexinox [000 t] Plant in Calvert (USA) After completion of ramp-up • Logistical advantages of location TK Stainless USA Æ direct access to ocean, river, highway Hot band black and railway H
Slide 20: Investments to be spread over longer period than originally planned
Investments to be spread over longer period than originally planned Revised timetable for startup of cold rolling mill and melt shop FY 2009/10 FY 2010/11 FY 11/12 Main Melt shop Cold rolling mill units Cold rolling mill Cold rolling mill Cold rolling mill EAF CRM 54” CRM 64” 1st Coil CAPL HAPL AOD
Slide 21: Stainless USA HR measures
ThyssenKrupp Stainless USA HR measures FY 2007/08 FY 2008/09 FY 2009/10 Start of construction Nov 07 Opening of training center SOP Oct 10 Sep 09 Support for start-up from May 10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Postponement of SOP Employee recruitment Training phase 1 Training phase 2 Employees