Following a three-year construction period, the new steelmaking and processing plant of ThyssenKrupp Steel USA and ThyssenKrupp Stainless USA in the southeastern USA was officially opened on December 10, 2010.

“With the startup of the plant in Alabama and the launch of the steel mill in Brazil in the summer, ThyssenKrupp is entering a new dimension of its history,” said Dr Ekkehard Schulz, ThyssenKrupp CEO.

The construction of the steelmaking and processing plant in Alabama is one of the largest foreign investments in the USA. ThyssenKrupp has invested $5bn in the complex, $3.6bn for the carbon flat steel facilities and $1.4bn for the stainless area.