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13 Aug
13:54

Thyssenkrupp’s distribution business sees more weak demand

Thyssenkrupp’s performance in the first nine months of its 2019/2020 fiscal year through September has been significantly impacted by the initial effects of the Covid-19 pandemic. As a result of temporary plant closures at customers, production in many areas came almost to a halt at the start of the third fiscal quarter through June. The Materials Services division (distribution), continued to feel the effects of pandemic-related weak demand and declining p…
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