Exclusives | Asia

Thyssenkrupp weighs phased sale of TKSE to Jindal Steel, sources say

7 January 2026, 12:20 pm

1 min read

FILE PHOTO: A steel worker stands amid sparks of raw iron coming from a blast furnace at a ThyssenKrupp steel factory in Duisburg, Germany, November 5, 2025. REUTERS/Leon Kuegeler/File Photo

Germany’s Thyssenkrupp could sell its steel division to India’s Jindal Steel International in several steps, four people familiar with the talks said, as the two sides try to strike a deal for the complex business. Shares in Thyssenkrupp rose more than 5% after Reuters reported