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Thyssenkrupp and Chinese ANSTEEL create a joint venture

ThyssenKrupp и китайская Ansteel создают совместное предприятие
The two largest metallurgical companies by THYSSENKRUPP and Chinese ANSTEEL are combined for the construction of a new galvanized steel production plant in China. About this writes China Daily.

The explosive mixture of German technologies and Chinese stubbornness will create a new metallurgical enterprise that supplies high -quality galvanizing for the needs of the car industry.

"Thyssenkrupp is an example of the use of the latest technologies," emphasizes in Ansteel.

As we have already reported, today ThyssenkrupP is probably experiencing the largest crisis from the moment of its foundation. The company sells its assets in America and intends to put up a billion euros for sale a stake.

ThyssenkrupP hopes in this way to reduce its debts that have formed against the backdrop of the stagnation of the European economy and failure in the USA and Brazil. The intention to sell part of its shares suggests that the company is in need of capital.


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