Materials Services expands operations in South America

ThyssenKrupp Metallurgical Products, part of the Materials Services business area of the ThyssenKrupp Group, has expanded its operations in South America. On October 29, 2014 it opened the Group’s first site in Bolivia, extending its global network of sales offices.

The site is in the Andean city of Oruro, which has been a major mining center for silver, tin and other metals for centuries. As well as marketing the shiny nonferrous metal (tin), ThyssenKrupp Metallurgical Products will focus on trading copper and tungsten from the site in Bolivia. The new office will be managed by Dani Pick, who previously worked in a senior position for an international raw materials company.

The opening of the new office is another step in the company’s growth strategy. “We see major potential to win important market share in South America and develop profitable new business. Through proximity to our customers and suppliers we can further strengthen existing relationships,” explains Kai-Norman Knötsch, CEO of ThyssenKrupp Metallurgical Products.

About ThyssenKrupp Metallurgical Products

ThyssenKrupp Metallurgical Products GmbH is part of the Materials Services business area of the ThyssenKrupp Group and one of the world’s leading commodity trading companies. The company pools resources and technical expertise to provide solutions for virtually all applications in the metallurgical industry. With exceptionally good connections on the raw material markets, in part exclusive marketing rights and end-to-end quality surveillance, the company offers the best possible price/performance ratio for its products. Its close cooperation with the LME (London Metal Exchange) and the expertise of its Competence Center for Metal Hedging (CCMH) – whose services are in demand throughout the Group – makes ThyssenKrupp Metallurgical Products the first-choice partner for international customers. Capabilities include product preparation, coke, coal and petcoke trading, warehousing, the sale of advanced furnace technology and trading of industrial gases, grid-based energies, high-quality carbon products and industrial minerals.