German steelmaker ThyssenKrupp approved investment funds to build a new chromium coating line for packaging steel at its Rasselstein site in Andernach, western Germany, it said late in the week ending on July 19.
The new coating line will be a replacement for the current line, following a change in European Union (EU) regulations. ThyssenKrupp declined to provide the value of the investment but said it would be in the "in the low three-digit million range [in euros]."The replacement coating line will use a new process for the production of chromium-coated packaging steel that will "replace the current...