ThyssenKrupp AG engages in the production of steel. It operates through the following business areas: Components Technology, Industrial Solutions, Elevator Technology, Materials Services, Steel Europe, and Steel Americas. The Components Technology business develops and manufactures slewing bearings, crawler and crawler components, steering shafts, steering columns, and steering gears. The Elevator Technology business range includes passenger and freight elevators, escalators, moving walks, passenger boarding bridges as well as stair and platform lifts. The Industrial Solutions business provides engineering services for the design and construction of chemical plants, refineries and other industrial facilities, equipment for the cement and minerals industries, machinery and systems for the mining, processing, handling and transportation of raw materials and minerals, as well as car body and final assembly equipment including related control and test systems for automotive manufacturers and suppliers. The Materials Services business focused on the distribution of materials and the provision of complex technical services for the production and manufacturing sectors. The Steel Europe business is focused on market for premium flat carbon steel. The Steel Americas business will focus on the production, processing and marketing of carbon steels. The company was founded on March 17, 1999 and is headquartered in Essen, Germany.