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Thyssenkrupp CEO Outlines Plans to Spin Off Steel Division
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09:30 AM EDT, 10/28/2026 (MT Newswires) -- Thyssenkrupp (TKA.F) plans to spin off its Thyssenkrupp Steel Europe unit through a potential stock market listing, Reuters reported Wednesday, citing Chief Executive Officer Miguel Lopez. Lopez said the German industrial group aims to divest the steel division through the capital markets after efforts to find a partner fell through. Thyssenkrupp had previously been in talks to sell its steel unit to outside partners, including India-based Jindal Steel, but those discussions were put on hold.
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