Thyssenkrupp and Jindal Steel pause talks regarding potential sale of stake in thyssenkrupp Steel
Thyssenkrupp will independently advance restructuring and autonomy plans for its steel unit amid improved EU policies and ongoing low‑carbon transition efforts.
thyssenkrupp AG and Jindal Steel International have mutually decided to pause discussions regarding Jindal Steel International acquiring a stake in thyssenkrupp Steel Europe, as the original assumptions and prerequisites for a potential sale of thyssenkrupp Steel have significantly changed in recent months. thyssenkrupp has made significant progress in realigning its steel segment, reflected in the recently concluded collective restructuring agreement on restructuring with IG Metall and the shareholders' agreement on the future positioning of the southern Duisburg site.
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