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ThyssenKrupp Steel Europe & PSI Conclude Strategic Partnership

Source: www.gulfoilandgas.com 10/1/2015, Location: Europe

The ThyssenKrupp Steel Europe AG and PSI Metals have concluded an agreement on the development of PSI to become the standard software provider for all the companies within the Business Area Steel Europe.

ThyssenKrupp Steel Europe plans to standardise the system landscape in the entire Business Area with the rollout of the PSI software PSImetals and thus increase the competitiveness of the Business Area. To that end the processes and interfaces are to be standardised by means of the greatest possible use of the standard functions and interfaces available in PSImetals.

Additional effects of scale will be achieved by establishing a standardised project management, extending PSImetals know-how within the Business Area and uniform licensing, maintenance and service agreements throughout the group. The two partners will agree upon a joint long-term strategy that will especially take into consideration the areas of project development and process support.

ThyssenKrupp Steel Europe is one of the world’s leading suppliers of high-grade flat steel. With around 26,500 employees, the company supplies high-quality steel products for innovative and demanding applications in a wide range of industries. Customer-specific material solutions and services associated with the material steel round off the range of services. In fiscal year 2013/14 ThyssenKrupp Steel Europe achieved a turnover of almost 8.9 billion Euros.

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