Search result for Thyssenkrup
GERMANY SAID, THYSSENKRUPP STATE BAILOUT IS NOT THE RIGHT STEP
Highlights:
- The authorities of Germany said that, the Thyssenkrupp state bailout is not the right step for gaining money
- The Thyssenkrupp Steel, Europe has been affected by the high costs of raw materials and weak demand from the cheap Chinese imports...
EUROPEAN STEELMAKERS HALT PRODUCTION: FIRST CONSEQUENCE OF AUTOMOBILE INDUSTRY SHUTDOWN?
Highlights
• Steel giants Tata and Thyssenkrupp shut down majority of plants
• Automobile industry consumes 1/5 of total steel consumption
As an impact of shutdown of car plants, the European steelmakers have ceased production. Due to global coronavir...
Tata Steel plans to cut 3,000 jobs across Europe operations
For its European business, Tata Steel plans to lay off 3000 jobs. Tata Steel is India’s largest steel company. The step has come as a part of their restructuring and transformation programme wherein it attempts to ensure that it thrives in a severe market. Two third of these 3000 jobs are e...