Klöckner

Becker Aluminium, a subsidiary of Klöckner, commissioned a new aluminium processing center in Bönen, Germany, with an investment of €35 million, creating 25 jobs initially and planning 80 in full operation.

ThyssenKrupp and Tata Steel have made progress in merging their European steel operations, potentially forming a 50:50 joint venture expected to save 500 million euros. ThyssenKrupp may also merge its material services division with Klöckner.