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14 Feb
17:09

tk Steel Europe sees first-quarter net sales/Ebit improvement

Germany’s thyssenkrupp has reported a generally positive financial performance by its Steel Europe segment in the first quarter of its 2017-18 financial year, Kallanish notes. The company is in the process of finalising Steel Europe’s amalgamation with fellow steelmaker Tata Steel Europe, as both parties continue to carry out mutual due diligence. For 2017-18, subject to limited visibility, the group expects adjusted Ebit for Steel Europe to be at it…
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