ThyssenKrupp AG News

The Finnish stainless steel maker, set to merge with the stainless arm of ThyssenKrupp AG, said it will issue a four-year bond worth 150 million euros.

Emerging reports from the German automotive industry have confirmed that more Daimler employees based in Germany could be set to walkout.

German steel and engineering company ThyssenKrupp AG Friday said its elevator technology unit has won a contract to provide 143 units for a shopping center in Abu Dhabi.

The European Union's failure to decide whether to curb supplies of emission permits is sending prices for electricity in Germany, Europe's largest market, toward their biggest losing streak since at least 2006.

Telekom Austria AG shareholder Ronny Pecik would for now refrain from raising or lowering his stake of about 21 percent in the Austrian telecommunication group, he said on Wednesday.

The European Union's antitrust unit said Tuesday it is opening an in-depth probe into the proposed purchase by Finland's stainless steel company Outokumpu Oyj of ThyssenKrupp AG unit Inoxum.

Germany-based ThyssenKrupp AG has announced the sale of ThyssenKrupp Waupaca Inc., its U.S. foundry business, to an affiliate of the venture capital firm KPS Capital Partners, New York City.

ESSEN, Germany - - German steelmaker ThyssenKrupp AG said Tuesday it is considering selling its new steel mills in the U.S. and Brazil or bringing in partners, citing fundamental changes to the global economy that have turned its original concept for the plants upside down.

ThyssenKrupp AG, a materials and technology group based in Essen, Germany, announced Tuesday the sale of ThyssenKrupp Waupaca Inc., its U.S. foundry business, to an affiliate of KPS Capital Partners LP, a New York City private equity firm.

Germany's two largest steelmakers Tuesday forecast sharp drops in full-year operating profits as a fragile economy continues to weigh on demand and prices for their products.

FRANKFURT German steelmaker and industrial conglomerate ThyssenKrupp AG said Tuesday it swung to a wider-than-expected second-quarter net loss as weak steel demand and prices weighed on its European steel business and new steel mills in Brazil and the U.S. continued to make losses.But Germany's largest steelmaker by output said it expects profits ... (more)

IG Metall's strikes expand including 36,000 employees in a dispute which has as purpose improving pay and terms.