Thyssenkrupp Shutters Electrical Steel Plants, Warns of Potential Job Losses

The Wall Street JournalThursday, December 11, 2025 at 11:49:00 AM
Thyssenkrupp Shutters Electrical Steel Plants, Warns of Potential Job Losses
  • Thyssenkrupp has announced the closure of its electrical steel plants in Germany and France from mid-December until the end of the year, citing concerns over imports that are negatively impacting the European steel sector.
  • This decision raises alarms about potential job losses and reflects the ongoing challenges faced by the steel industry in Europe, as companies struggle to compete against cheaper imports, which could have broader implications for the region's manufacturing sector and employment rates.
— via World Pulse Now AI Editorial System

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