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21 Nov
15:35

Improved automotive sector demand benefits thyssenkrupp Steel results

thyssenkrupp Steel Europe, steelmaking division of conglomerate thyssenkrupp AG, improved its revenues and profits in its fiscal year ending 30 September, despite lower shipments which were partly caused by disruptive circumstances. Automotive sector demand underpinned the steelmaker's financial performance for the period, the company says. In the fiscal first quarter (Oct-Dec 2017), the scope for booking orders was limited due to investment and repair …
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