19
Nov
17:21
Thyssenkrupp Steel addresses 'financial bleeding', plans further layoffs
Thyssenkrupp Steel Europe will try to stop its financial bleeding after the heavy impact of the Covid-19 pandemic, executives maintained at its parent company’s annual press conference on Thursday monitored by Kallanish.
“The coronavirus pandemic is a massive stress test for thyssenkrupp, but our strengthened balance sheet gives us the flexibility to systematically implement further necessary steps in our plan for the future,” said chief exe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous