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The company had 1,000 employees at the time. The company started manufacturing and selling cannons and by 1870, Krupp became the largest industrial company in Europe. By 1873, the plant in the west of Essen was 360 hectares (890 acres; 3.6 km 2; 1.4 sq mi) in size. By the time Alfred Krupp died in 1887, the company employed 20,000 people.
Krupp AG and Friedrich Krupp GmbH) trading as Krupp, was the largest company in Europe at the beginning of the 20th century as well as Germany's premier weapons manufacturer during both world wars. It produced battleships , U-boats , tanks , howitzers , guns , utilities, and hundreds of other commodities.
ThyssenKrupp is the result of a merger of two German steel companies, Thyssen AG founded in 1891 under the name Gewerkschaft Deutscher Kaiser and Krupp founded in 1811. As early as the 1980s, the companies began negotiations on a merger and began closely cooperating in some business areas.
Krupp took over production, including at the Molotov steel works near Kharkov and Kramatorsk in eastern Ukraine, and at mines supplying the iron, manganese, and chrome vital for steel production. The battle of Stalingrad in 1942 convinced Krupp that Germany would lose the war, and he secretly began liquidating 200 million Marks in government bonds.
Steel is an alloy composed of between 0.2 and 2.0 percent carbon, with the balance being iron. From prehistory through the creation of the blast furnace, iron was produced from iron ore as wrought iron, 99.82–100 percent Fe, and the process of making steel involved adding carbon to iron, usually in a serendipitous manner, in the forge, or via the cementation process.
The same article said peak steel output came in 1953, when the company produced 35.8 million tons of steel while steelmakers in Europe and Japan were still struggling to recover from the war.
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