From CNBC: 2024-11-19 02:16:24

Thyssenkrupp, a German industrial giant, reported a 1-billion-euro impairment on its struggling steel division, leading to a net loss of 1.5 billion euros in the fiscal year ending Sept. 30. CEO Miguel Lopez highlighted the need for strategic decisions, especially for Steel Europe and Marine Systems, amidst challenges in the sector.



Read more at CNBC:: Thyssenkrupp books $1 billion impairment on struggling steel unit