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Key FactsThyssenkrupp Faces Massive Losses Amid Steel Restructuring
Feb 12, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: merkur.de
Summary created with AI assistance · Source: merkur.de
- Thyssenkrupp aims to advance its steel division’s restructuring and potential sale after significant first-quarter losses in 2025/26.
- Intense talks with Jindal Steel focus on a majority takeover, currently under detailed company review.
- Up to 11,000 of the roughly 26,000 steel jobs may be cut or outsourced over the next years to maintain competitiveness.
- The group projects full-year losses between €400 million and €800 million, mainly due to restructuring expenses.
The plan is in any case to continue the restructuring accordingly.— CFO Axel Hamann on Thyssenkrupp's plans to continue the restructuring.
OpinionThyssenkrupp figures create a hole in the balance sheet due to steel restructuring
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