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U.S. investment fund Flacks Group would be "ready to bid" for the steel division of Germany's Thyssenkrupp should current efforts to sell it fail, its Chief Executive Michael Flacks told Reuters on Thursday.
thyssenkrupp AG (TKAMY) Q1 2026 Earnings Call Transcript
ArcelorMittal (NYSE: MT - Get Free Report) and ThyssenKrupp (OTCMKTS:TYEKF - Get Free Report) are both basic materials companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, earnings, risk, analyst recommendations, institutional ownership, dividends and valuation. Earnings and Valuation This table compares ArcelorMittal and ThyssenKrupp"s
Profitability This table compares ThyssenKrupp and JFE's net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets ThyssenKrupp 2.86% 9.32% 3.33% JFE 1.63% 2.94% 1.33% Valuation and Earnings This table compares ThyssenKrupp and JFE"s top-line revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income
Germany's Thyssenkrupp could sell its steel division to India's Jindal Steel International in several steps, four people familiar with the talks said, as the two sides try to strike a deal for the complex business.
Germany's energy regulator on Tuesday said it has appointed Andreas Goss as the second managing director of Rosneft's German operations, which it controls under a trusteeship set up in 2022 in the wake of Europe's energy crisis.
ThyssenKrupp (OTCMKTS:TYEKF - Get Free Report) and Olympic Steel (NASDAQ: ZEUS - Get Free Report) are both basic materials companies, but which is the better stock? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, analyst recommendations and dividends. Profitability This table compares ThyssenKrupp and Olympic Steel's
thyssenkrupp nucera AG & Co. KGaA (THYKF) Q4 2025 Earnings Call Transcript
thyssenkrupp AG (TKAMY) Q4 2025 Press Conference Call Prepared Remarks Transcript
Thyssenkrupp's steel unit said it will temporarily shut down production of electrical steel in Europe, a key material used in wind turbines and power grids, blaming cheap imports from Asia that it warns are putting an additional 1,200 jobs at risk.
thyssenkrupp AG (TKAMY) Q4 2025 Earnings Call Transcript
The earnings mark the end of a challenging year for Thyssenkrupp as it remains in the middle of a restructuring push.
Jindal Steel International sees government subsidies in Europe as "an important factor" in its strategy for a potential takeover of Thyssenkrupp's steel division (TKSE), the head of its European business told WirtschaftsWoche on Friday.
Germany's most powerful union IG Metall on Wednesday said that compulsory layoffs would remain a last resort at conglomerate Thyssenkrupp , adding an agreement with management on the matter had been extended into 2028.
Thyssenkrupp's steel division head, Marie Jaroni, estimates a restructuring deal that will cut or outsource about 11,000 jobs will cost the company a three-digit million-euro amount, she told the Frankfurter Allgemeine Zeitung newspaper.
German steel producer Thyssenkrupp said on Monday it would cut or outsource about 11,000 jobs and reduce steel production capacity to a shipping level of 8.7 to 9 million metric tonnes.
The appointment comes a few weeks after Thyssenkrupp Steel's parent company received an offer for the business from Jindal Steel.
The head of Thyssenkrupp's steel unit, Dennis Grimm, has decided to leave the division, two people familiar with the matter said on Tuesday.
thyssenkrupp AG recently spun off 49% of its defense-focused TKMS unit, which saw strong demand and price appreciation post-IPO. TKMS stands out within TKAMY for its robust order backlog, high order intake, and above-average profitability compared to the company's other divisions. TKAMY retains a 51% stake in TKMS, making it a significant part of the conglomerate's overall value and future performance potential.
Germany's Thyssenkrupp will start giving India's Jindal Steel International more access to financial details of its Thyssenkrupp Steel Europe (TKSE) business from next week, two people familiar with the matter said.