Thyssenkrupp Supervisory Board Member Says Talks with Jindal Steel Appear Stalled-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Like
Comment
Favorite

Thyssenkrupp Supervisory Board Member Says Talks with Jindal Steel Appear Stalled

Dow Jones03-20 20:56

By Aimee Look

Talks between Thyssenkrupp and Jindal Steel for the sale of the German company's steel unit seem to be stalled, according to Juergen Kerner, a member of Thyssenkrupp's supervisory board.

Employee representatives presented Jindal Steel with a list of questions related to the process, but the answers have been repeatedly postponed, said Kerner, who is also deputy chairman at German union IG Metall.

"Employees are right to expect a quick resolution on the future of Thyssenkrupp Steel, and by extension their jobs," Kerner said.

India's Jindal Steel announced a non-binding offer for Thyssenkrupp's Steel Europe business in September.

Thyssenkrupp said in a statement that talks with Jindal Steel continue and all relevant parameters are being addressed directly, including valuation, obligations, and future investments. Jindal Steel didn't immediately respond to a request for comment.

Thyssenkrupp has its sights set on simplifying the business and bolstering competitiveness. It announced a cost-cutting plan in 2025 that included thousands of job and salary cuts for steel workers.

Write to Aimee Look at aimee.look@wsj.com

(END) Dow Jones Newswires

March 20, 2026 08:56 ET (12:56 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Like

Report

Comment

empty

No comments yet

Most Discussed

7x24

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2620367197?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-20 20:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2620367197","market":"us","top_or_hot":-1,"title":"Thyssenkrupp Supervisory Board Member Says Talks with Jindal Steel Appear Stalled","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Aimee Look \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Talks between Thyssenkrupp and Jindal Steel for the sale of the German company's steel unit seem to be stalled, according to Juergen Kerner, a member of  Thyssenkrupp's supervisory board. \n</p>\n<p>\n  Employee representatives presented Jindal Steel with a list of questions related to the process, but the answers have been repeatedly postponed, said Kerner, who is also deputy chairman at German union IG Metall. \n</p>\n<p>\n  \"Employees are right to expect a quick resolution on the future of Thyssenkrupp Steel, and by extension their jobs,\" Kerner said. \n</p>\n<p>\n  India's Jindal Steel announced a non-binding offer for Thyssenkrupp's Steel Europe business in September. \n</p>\n<p>\n  Thyssenkrupp said in a statement that talks with Jindal Steel continue and all relevant parameters are being addressed directly, including valuation, obligations, and future investments. Jindal Steel didn't immediately respond to a request for comment. \n</p>\n<p>\n  Thyssenkrupp has its sights set on simplifying the business and bolstering competitiveness. It announced a cost-cutting plan in 2025 that included thousands of job and salary cuts for steel workers. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Aimee Look at aimee.look@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 20, 2026 08:56 ET (12:56 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Thyssenkrupp Supervisory Board Member Says Talks with Jindal Steel Appear Stalled</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThyssenkrupp Supervisory Board Member Says Talks with Jindal Steel Appear Stalled\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-20 20:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Aimee Look \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Talks between Thyssenkrupp and Jindal Steel for the sale of the German company's steel unit seem to be stalled, according to Juergen Kerner, a member of  Thyssenkrupp's supervisory board. \n</p>\n<p>\n  Employee representatives presented Jindal Steel with a list of questions related to the process, but the answers have been repeatedly postponed, said Kerner, who is also deputy chairman at German union IG Metall. \n</p>\n<p>\n  \"Employees are right to expect a quick resolution on the future of Thyssenkrupp Steel, and by extension their jobs,\" Kerner said. \n</p>\n<p>\n  India's Jindal Steel announced a non-binding offer for Thyssenkrupp's Steel Europe business in September. \n</p>\n<p>\n  Thyssenkrupp said in a statement that talks with Jindal Steel continue and all relevant parameters are being addressed directly, including valuation, obligations, and future investments. Jindal Steel didn't immediately respond to a request for comment. \n</p>\n<p>\n  Thyssenkrupp has its sights set on simplifying the business and bolstering competitiveness. It announced a cost-cutting plan in 2025 that included thousands of job and salary cuts for steel workers. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Aimee Look at aimee.look@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 20, 2026 08:56 ET (12:56 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TKAMY","symbol_name":"ThyssenKrupp AG","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2620367197","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2620367197","pubTimestamp":1774011360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Talks between Thyssenkrupp and Jindal Steel for the sale of the German company's steel unit seem to be stalled, according to Juergen Kerner, a member of  Thyssenkrupp's supervisory board.Employee representatives presented Jindal Steel with a list of questions related to the process, but the answers have been repeatedly postponed, said Kerner, who is also deputy chairman at German union IG Metall.\"Employees are right to expect a quick resolution on the future of Thyssenkrupp Steel, and by extension their jobs,\" Kerner said.India's Jindal Steel announced a non-binding offer for Thyssenkrupp's Steel Europe business in September.Thyssenkrupp said in a statement that talks with Jindal Steel continue and all relevant parameters are being addressed directly, including valuation, obligations, and future investments. Jindal Steel didn't immediately respond to a request for comment.Thyssenkrupp has its sights set on simplifying the business and bolstering competitiveness. It announced a cost-cut","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TKAMY":"ThyssenKrupp AG","BK4006":"钢铁"},"translate_title":"蒂森克虏伯监事会成员表示与金达尔钢铁公司的谈判似乎陷入停滞","themeId":"8603dabb40994e59ac78c04c930c0d49","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TKAMY":0.9},"content_text":"By Aimee Look \n\n\n \n\n\n  Talks between Thyssenkrupp and Jindal Steel for the sale of the German company's steel unit seem to be stalled, according to Juergen Kerner, a member of  Thyssenkrupp's supervisory board. \n\n\n  Employee representatives presented Jindal Steel with a list of questions related to the process, but the answers have been repeatedly postponed, said Kerner, who is also deputy chairman at German union IG Metall. \n\n\n  \"Employees are right to expect a quick resolution on the future of Thyssenkrupp Steel, and by extension their jobs,\" Kerner said. \n\n\n  India's Jindal Steel announced a non-binding offer for Thyssenkrupp's Steel Europe business in September. \n\n\n  Thyssenkrupp said in a statement that talks with Jindal Steel continue and all relevant parameters are being addressed directly, including valuation, obligations, and future investments. Jindal Steel didn't immediately respond to a request for comment. \n\n\n  Thyssenkrupp has its sights set on simplifying the business and bolstering competitiveness. It announced a cost-cutting plan in 2025 that included thousands of job and salary cuts for steel workers. \n\n\n \n\n\n  Write to Aimee Look at aimee.look@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 20, 2026 08:56 ET (12:56 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}