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08 Nov
20:27

thyssenkrupp issues profit warning on cartel case

thyssenkrupp AG has lowered its profit expectations considerably due to a cartel case involving its steel division, Kallanish learns from an ad-hoc statement. thyssenkrupp Steel Europe, alongside other steel companies and associations, is the subject of ongoing investigations by the German cartel office into alleged cartel agreements. These relate to the product groups heavy plate and flat carbon steel. The pending investigations concern, in particular, allegati…
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