December 16, 2025–Written by Martin Lynch for Industrial Info Resources (Galway, Ireland, Texas)–Thyssenkrupp AG (Essen, Germany) has agreed a deal with German unions that opens the way for the sale of one of Europe’s largest steel companies, Thyssenkrupp Steel (Essen, Germany), to India’s Jindal Steel Limited (New Delhi, India). The exact details of the deal hammered out with key German workers’ union, IG Metall, have not been disclosed but it opens the way for restructuring and job cuts to begin across its European operations.
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