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Money: ThyssenKrupp Steel: Gabriel takes over Chairman of the Supervisory Board

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The former SPD chairman and former Federal Minister of Economics Sigmar Gabriel takes over the chairman of the Supervisory Board in the steel division of ThyssenKrupp.

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The Social Democrat was appointed on Thursday by the Annual General Meeting of ThyssenKrupp Steel Europe AG in the control panel and chosen to the new chairman of the committee at the constituent meeting of the Supervisory Board, the Group announced on Thursday.

ThyssenKrupp Group Chef Martina Merz stressed, Gabriel, from his time, as Federal Environment and Federal Minister of Economics are valuable experiences with which the "green transformation" of ThyssenKrupp Steel "will be of essential meaning". He will set clear accents for the further development of steel area.

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The steel industry is aiming for the changeover to climate-neutral production. This billions-heavy "green transformation" is about the change from the conventional towards a hydrogen-based steel production.

Gabriel himself emphasized the requirements of the "green transformation" presented ThyssenKrupp Steel, but also the whole industry, a historical challenge: "to accompany this path is one of the most exciting tasks that are currently forgiven in German industry." It goes to bring together economic success and sustainability in climate policy in Germany. He wanted to contribute to this in his new function.

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