Jindal Steel bids for Thyssenkrupp, pledges €2 bn low-emission push

Business Standard
2025.09.16 06:10
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Jindal Steel International has made a non-binding offer to acquire Thyssenkrupp AG’s steel division, Thyssenkrupp Steel Europe. The proposal includes an investment of over €2 billion in Germany to enhance low-emission steel production through a direct reduced iron project in Duisburg and additional electric arc furnace capacity. This initiative aims to secure long-term steelmaking in Germany and integrate Thyssenkrupp Steel into Jindal's global supply chain.

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