Thyssenkrupp Aerospace extends contract with AMAG for aluminium premiums

AMAG Austria Metall AG and Thyssenkrupp Aerospace have been partners since the beginning of AMAG's aviation history. During the coming year, the strong cooperation will be extended for another six months through a new supply contract. Through AMAG, Thyssenkrupp Aerospace has secured the supply of premium aluminium for the coming year.

Patrick Marous, the CEO of ThyssenKrupp Aerospace, said, "We are very pleased to have been able to conclude this contract as part of our long-term, strategic partnership with AMAG. In the current volatile market environment, our common goal is to support our customers as reliable partners. Long-term material supply is, therefore, an important part of our Materials as a Service strategy."

Victor Breguncci, the Chief Sales Officer at AMAG Austria Metall AG, said, "Once again, the respectful way in which we have dealt with each other during the pandemic has proven that long-term perspectives are at the forefront of our partnership with Thyssenkrupp Aerospace. We are all the more pleased to be able to contribute to the upturn in the aviation industry with the conclusion of this agreement."

In addition to providing aluminium sheets and plates to Thyssenkrupp Aerospace, a subsidiary of ThyssenKrupp Materials Services, and its locations in 22 countries, AMAG's aluminium is used to produce the outer shells, seats, and structural parts for Boeing and Airbus.

AMAG is an aerospace materials specialist and offers customized solutions to meet the needs of every customer. AMAG products are notable for their high scrap input ratio and low carbon dioxide emissions.