मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
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Thyssenkrupp says India's Jindal Steel makes bid for steel business
The Mercury
|September 17, 2025
INDIA'S Jindal Steel International has made an offer for Thyssenkrupp's steel division, the German company said Tuesday, in what would be a mega-deal for the struggling industrial titan.
Once a symbol of German manufacturing might, Thyssenkrupp has fallen into crisis in recent years as it battles high manufacturing costs at home and fierce competition from Asian rivals, particularly in the traditional steel business.
The sprawling conglomerate - whose businesses range from auto parts to submarine-making - has long been seeking to get rid of the loss-making steel unit which is in the midst of a painful restructuring.
It confirmed in a statement that it had received a "nonbinding" offer from Jindal Steel International for the purchase of Thyssenkrupp Steel Europe (TKSE).
The group said it would "carefully review" the offer and pay "particular attention" to what it would mean for jobs.
Jindal said it was "committed" to the production of green steel, which has been a key focus for Thyssenkrupp in recent years.
यह कहानी The Mercury के September 17, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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