Duisburg, July 2013 – Kloeckner Metals Brasil S.A., a subsidiary of global steel and metal distributor Klöckner & Co, has taken a modern cut-to-length line and downstream prefabrication capacity into operation at its service center in Piracicaba in the metropolitan region of São Paulo, Brazil. The production line with a total length of some 65 meters has an annual capacity of 60,000 metric tons.
The investment supplements Klöckner & Co SE’s product portfolio in Brazil with custom prefabricated high-quality steel sheet and plate in widths of up to
2,100 millimeters. The sheet products are mainly bought by customers from the electrical and household appliance industry, with the thicker plate going to applications such as crane and commercial vehicle construction.
Gisbert Rühl, Chairman of the Management Board of Klöckner & Co SE: “The investment is a further consistent step in our strategy of expanding the business with premium products and services in Brazil as elsewhere. The focus here is on our customers, whose needs we can now serve even better with a broader than ever product portfolio.”
About Klöckner & Co:
Klöckner & Co is the largest producer-independent distributor of steel and metal products and one of the leading steel service center companies in the European and American markets combined. The core business of Klöckner & Co is the warehousing and distribution of steel and non-ferrous metals as well as the operation of steel service centers. Based on the Group's distribution and service network, more than 160,000 customers are supplied through around 240 locations in 15 countries. Currently Klöckner & Co employs around 10,000 employees. The Group had sales of around €7.4 billion in fiscal 2012.
The shares of Klöckner & Co SE are admitted to trading on the regulated market segment (Regulierter Markt) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with further post-admission obligations (Prime Standard).
Klöckner & Co shares are listed in the MDAX®-Index of Deutsche Börse.
ISIN: DE000KC01000; WKN: KC0100; Common Code: 025808576.
Christian Pokropp – Press Spokesperson
Head of Investor Relations & Corporate Communications
Telephone: +49 (0) 203-307-2050
Fax: +49 (0) 203-307-5025