Thyssenkrupp is pushing ahead with its restructuring and is apparently preparing for the next spin-off. Following the IPO of TKMS ... Show more
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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.
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