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25 Nov
13:00

German market factors influence thyssenkrupp Steel results' decline

thyssenkrupp Steel Europe suffered not only from the overall economic decline but also to factors specific to Germany and the Rhine-Ruhr area in its fiscal year ending 30 September 2019. Its performance was impacted in the latter half of 2018 by the low Rhine water levels and by the new WLTP emissions test for the auto industry. Both resulted in temporary production losses, especially in the important customer segment of automotive that accounts for a high …
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