ThyssenKrupp focuses growth strategy on Americas
Germany's ThyssenKrupp will focus its growth strategy on the Americas rather than Europe, given the healthy conditions in both Latin American and North American regions and the gradual rebound seen in European countries, says Hans Fischer, CEO of ThyssenKrupp Steel Americas, during the Brazilian steel institute IABr's conference last week.
ThyssenKrupp AG is facing higher investment costs for its new steel plants in Alabama, United States, and Brazil due to higher construction costs.