Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Indian firm Jindal offers €3-4B for thyssenkrupp’s European steel unit, with €2B in green investments.

flag Indian steelmaker Jindal Steel International has made a non-binding offer to acquire thyssenkrupp's steel division in Europe, a move that could be worth €3-4 billion. flag The proposed deal includes over €2 billion in investments to complete a green iron project in Duisburg and expand electric arc furnace capacity, aiming to make the business Europe’s largest low-emission steel producer. flag Thyssenkrupp’s board will evaluate the offer based on economic viability, sustainability, and workforce impact. flag If approved, the acquisition would mark a major cross-border deal in the global steel industry.

17 Articles