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The Economic Times

Economy / The Economic Times

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Jindal Steel, Thyssenkrupp pause talks on steel unit stake

Thyssenkrupp AG and Jindal Steel International have paused discussions on a potential stake sale in the German firms steel unit. The company said the assumptions for the deal have changed, citing progress in restructuring its steel business and a more favourable regulatory environment in Europe, which offers better growth prospects despite high energy costs.

2 May 2026 7:38 pm