Steel giants in the upswing: Thyssenkrupp exceeds the competition!

Steel giants in the upswing: Thyssenkrupp exceeds the competition!

On February 1, 2025, there are positive developments in several steel companies with regard to their share performance. According to the current data, Voestalpine recorded an increase of 8.12% last week, while Thyssenkrupp also had 5.91% with 7.38% and ArcelorMittal. Salzgitter was able to achieve a performance of 5.86%.

For the month, an even clearer picture shows, especially for Thyssenkrupp, which increased by 22.49%, followed by Salzgitter with 12.94% and voestalpine, which rose by 10.42%. Compared to the previous year, Thyssenkrupp completed a remarkable turn after the company had a decrease of 37.34% last year. Salzgitter and Voestalpine were also under pressure, with declines of 41.43% or 36.41% in the previous year.

Current market developments at Voestalpine and ArcelorMittal

Another important aspect is the current performance of Voestalpine, which has been in plus for seven days and has an increase of 12.57% on a current share price of 20.24. Viewed on the moving average (MA200), Thyssenkrupp is 24.7% above this value, while voestalpine remains with -7.62%. The indications for Thyssenkrupp are currently showing a slight increase of 0.42%, while Salzgitter and Voestalpine have decays of 0.7% and 0.89%.

In relation to strategic developments, Aist ArcelorMittal has acquired a majority stake in the Texas HBI system from Voestalpine. The value of this system is $ 1 billion. Voestalpine continues to retain a 20%share in the system.

In addition, ArcelorMittal has signed a long -term acceptance contract with Voestalpine. This contract provides for the annual delivery of HBI, which corresponds to the proportion of ArcelorMittal in the steelworks in Donawitz and Linz. The remaining production share is planned for third parties and for ArcelorMittal systems, including AM/NS Calvert in Alabama. CEO Aditya Mittal described the acquisition as strategically advantageous, since it accelerates the production of high -quality metallic raw material for electrical arc stoves (EAFS) and contributes to global decarbonization strategy.

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OrtSalzgitter, Deutschland
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