Thyssenkrupp

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ThyssenKrupp considers sale or spin-off of Materials Services

The unit, which could cost up to €2 billion, is part of the group's restructuring plan

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Thyssenkrupp Steel suspends tender for green hydrogen due to high prices

The decision will not directly affect the construction and operation of the DRI plant

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Thyssenkrupp to cut 1.8 thousand jobs in the automotive division

The company's measures are aimed at reducing costs by more than €150 million

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Thyssenkrupp notes uncertainty in the steel market

In October-December, the steel division reduced sales by 11% y/y in monetary terms

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German Chancellor considers future transition to green steel inevitable

Olaf Scholz referred to the wishes of customers who will need environmentally friendly steel products

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JSW Steel and JFE complete the acquisition of Thyssenkrupp’s electrical steel business in India

Buyers seek to quickly create an integrated system for the production and sale of these products in the country

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Sale of 20% stake in Thyssenkrupp’s steel business may be canceled – CEO

There is a backup agreement if the company does not agree on a joint venture with the holding of Czech billionaire Kretinsky

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ArcelorMittal Duisburg to stop purchasing pig iron from Thyssenkrupp

The move is driven by the high carbon costs associated with the supply chain

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Thyssenkrupp’s green steel plan includes alternatives to hydrogen

The company is open to all technologies for further transformation

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Thyssenkrupp AT.PRO tec receives €1.8 million grant for decarbonization project

The project aims to develop an innovative process for direct hydrogen injection into blast furnaces

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Thyssenkrupp: looking for ways to save the steel business

Thyssenkrupp Steel has recently announced plans to restructure, and the company continues to discuss a joint venture with Czech EPCG

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