EANS-News: Klöckner & Co is building a steel service center on the site of the ThyssenKrupp flat steel plant in Alabama, USA

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Plant Openings

Duisburg (euro adhoc) - - Expansion of product portfolio in the
United States to include automotive grades with premium service

- Total investment of some EUR15 million
- Planned annual processing capacity of 100,000 tons
- Launch of operations planned for the fall of 2013

Duisburg, June 18, 2012 - The US subsidiary of Klöckner & Co SE is
building a steel service center on the plant site of ThyssenKrupp
Steel USA in Calvert, Alabama, USA. This marks another step in
implementing Klöckner & Co's strategy to expand its service center
business following the takeover of Macsteel. At the same time, it
completes the Company's product portfolio with automotive grades for
premium manufacturers. The center is initially targeting in
particular European carmakers operating plants in the United States
who in Europe already rely on the services of Becker Stahl-Service, a
company acquired by Klöckner & Co in 2010.

Following the startup phase, the some 9,000-square-meter service
center will provide an annual processing capacity of 100,000 tons
while offering further expansion options. In its first phase of
expansion, the plant requires an investment of roughly EUR15 million
and is expected to launch operations in the fall of 2013. Gisbert
Rühl, Chairman of the Management Board of Klöckner & Co SE: "By
setting up a steel service center in Alabama, we are implementing our
expansion into the automotive supplier business also in the United
States. Thanks to the service center's close proximity to the
state-of-the-art ThyssenKrupp steel plant in Alabama, we also expect
additional growth potential among American carmakers above and beyond
supplying European premium manufacturers."

About Klöckner & Co: Klöckner & Co is the largest
producer-independent distributor of steel and metal products and one
of the leading steel service center companies in the European and
American markets combined. The core business of Klöckner & Co is the
warehousing and distribution of steel and non-ferrous metals as well
as the operation of steel service centers. Based on the Group's
distribution and service network, more than 170,000 customers are
supplied through around 290 locations in more than 20 countries.
Currently Klöckner & Co employs around 11,200 employees. The Group
had sales of around EUR7.1 billion in fiscal 2011.

The shares of Klöckner & Co SE are admitted to trading on the
regulated market segment (Regulierter Markt) of the Frankfurt Stock
Exchange (Frankfurter Wertpapierbörse) with further post-admission
obligations (Prime Standard). Klöckner & Co shares are listed in the
MDAX®-Index of Deutsche Börse.

ISIN: DE000KC01000; WKN: KC0100; Common Code: 025808576.

Further inquiry note:
Dr. Thilo Theilen
Leiter Investor Relations & Corporate Communications
Telefon: +49 (0)203 307 2050
E-Mail: thilo.theilen@kloeckner.de

end of announcement euro adhoc
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company: Klöckner & Co SE
Am Silberpalais 1
D-47057 Duisburg
phone: +49(0)203-307-0
FAX: +49(0)203-307-5000
mail: info@kloeckner.de
WWW: http://www.kloeckner.de
sector: Metal Goods & Engineering
ISIN: DE000KC01000
indexes: CDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English