announced the sale of all assets at ThyssenKrupps Heavy Plate Rolling Mill facility located in Duisburg-Hüttenheim in Germany to an Asian Steel Producer. The sale comes only six months after Hilco acquired the Heavy Plate Mill from Thyssen Krupp Steel Europe. Europe’s second largest steel producer, ThyssenKrupp, shuttered the German facility in September 2021. During its operation, the heavy plate rolling mill facility was producing approximately 850,000 tonnes of steel which was used for shipbuilding, offshore and heavy fabrication construction production. In addition to the very large mill, other items for sale included late model furnaces, hot- and cold-levelers, hot- and cold shears, quenches, inline ultrasonic inspection, shotblasting/priming, and numerous flame and plasma cutting machines. Relocation work will start after this summer and approximately 22,000 tonnes of machinery and equipment will be removed from its location in Duisburg-in Germany to Asia. This sale is the second Heavy Plate Mill sold by the company in the last 2 years. Hilco Industrial Acquisition recently sold the 2 million tonne per year Dongkuk Steel Heavy Plate Mill from Korea in February 2021, as well as the 2015 Danieli Rebar Mill at Posco SS Vina in Vietnam in September 2021. Most recently, Compania Siderurgica Huachipato from Chile has engaged the company to sell steel and rolling mill equipment no longer needed in CAP ACERO’s continuing operations.
announced the sale of all assets at ThyssenKrupps Heavy Plate Rolling Mill facility located in Duisburg-Hüttenheim in Germany to an Asian Steel Producer. The sale comes only six months after Hilco acquired the Heavy Plate Mill from Thyssen Krupp Steel Europe. Europe’s second largest steel producer, ThyssenKrupp, shuttered the German facility in September 2021. During its operation, the heavy plate rolling mill facility was producing approximately 850,000 tonnes of steel which was used for shipbuilding, offshore and heavy fabrication construction production. In addition to the very large mill, other items for sale included late model furnaces, hot- and cold-levelers, hot- and cold shears, quenches, inline ultrasonic inspection, shotblasting/priming, and numerous flame and plasma cutting machines. Relocation work will start after this summer and approximately 22,000 tonnes of machinery and equipment will be removed from its location in Duisburg-in Germany to Asia. This sale is the second Heavy Plate Mill sold by the company in the last 2 years. Hilco Industrial Acquisition recently sold the 2 million tonne per year Dongkuk Steel Heavy Plate Mill from Korea in February 2021, as well as the 2015 Danieli Rebar Mill at Posco SS Vina in Vietnam in September 2021. Most recently, Compania Siderurgica Huachipato from Chile has engaged the company to sell steel and rolling mill equipment no longer needed in CAP ACERO’s continuing operations.
