https://feeds.thelocal.com/ Read the latest news and views from Germany in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed German industrial giant Thyssenkrupp on Friday rejected state participation to support it during the pandemic, an option favoured by unions but judged too costly by management. https://www.thelocal.de/20201212/german-steel-giant-rejects-high-cost-state-support Sat, 12 Dec 2020 12:26:30 +0100 german-steel-giant-rejects-high-cost-state-support Germany on Wednesday pledged to help its steel industry become carbon neutral by 2050, as the coronavirus pandemic squeezes a sector already in a prolonged crisis. https://www.thelocal.de/20200715/germany-pledges-carbon-neutral-steel-by-2050 Wed, 15 Jul 2020 18:41:01 +0200 germany-pledges-carbon-neutral-steel-by-2050 Thousands of Thyssenkrupp steel workers in Germany on Tuesday protested against planned job cuts, accusing bosses at the struggling conglomerate of mismanagement after a failed merger bid with Tata steel. https://www.thelocal.de/20191203/thousands-of-steel-workers-protest-against-german-job-cuts-thyssenkrupp Tue, 03 Dec 2019 17:58:06 +0100 thousands-of-steel-workers-protest-against-german-job-cuts-thyssenkrupp German industrial giant ThyssenKrupp said on Friday it had finally agreed to the merger of its steelmaking business with India's Tata, making the merged firm Europe's second-biggest steelmaker. https://www.thelocal.de/20180630/germanys-thyssenkrupp-and-indias-tata-merge-to-become-europes-second-biggest-steelmaker Sat, 30 Jun 2018 16:20:25 +0200 germanys-thyssenkrupp-and-indias-tata-merge-to-become-europes-second-biggest-steelmaker Chancellor Angela Merkel blasted US import duties on steel and aluminium imports Thursday as "illegal" and said they risked sparking a disastrous "spiral" of retaliatory measures. https://www.thelocal.de/20180601/illegal-us-tariffs-risk-escalation-spiral-in-global-trade-merkel-warns Fri, 01 Jun 2018 11:12:40 +0200 illegal-us-tariffs-risk-escalation-spiral-in-global-trade-merkel-warns Germany on Tuesday called for a "permanent exemption" on steel and aluminium tariffs, after the US decided to postpone a decision on the issue. https://www.thelocal.de/20180501/germany-calls-for-permanent-exemption-from-trump-tariffs Tue, 01 May 2018 11:48:34 +0200 germany-calls-for-permanent-exemption-from-trump-tariffs Germany expects Washington to impose punitive tariffs on EU aluminium and steel imports from May 1st, a government source said on Thursday, hours before Chancellor Angela Merkel was to head for the United States. https://www.thelocal.de/20180426/germany-sees-us-imposing-tariffs-on-eu-from-may-1 Thu, 26 Apr 2018 14:11:26 +0200 germany-sees-us-imposing-tariffs-on-eu-from-may-1 A compromise could be reached as soon as this week between the European Union and United States over the tariffs President Donald Trump imposed on steel and aluminum, a German minister said Monday. https://www.thelocal.de/20180320/merkel-confidant-offers-hope-of-detente-on-trump-steel-tariffs Tue, 20 Mar 2018 09:55:21 +0100 merkel-confidant-offers-hope-of-detente-on-trump-steel-tariffs US President Donald Trump is "offending" allies and risking a global trade war with his controversial tariffs on steel and aluminium, Germany's economy minister said Friday. https://www.thelocal.de/20180309/germany-blasts-trumps-steel-tariffs-as-offence-to-close-partners Fri, 09 Mar 2018 12:03:42 +0100 germany-blasts-trumps-steel-tariffs-as-offence-to-close-partners Steelworkers at German industrial giant ThyssenKrupp have won guarantees that their jobs are secure until 2026, bringing the group a step closer to its planned merger with India's Tata Steel. https://www.thelocal.de/20171222/thyssenkrupp-steelworkers-seal-job-security-deal-ahead-of-tata-merger Fri, 22 Dec 2017 12:16:29 +0100 thyssenkrupp-steelworkers-seal-job-security-deal-ahead-of-tata-merger German conglomerate ThyssenKrupp on Saturday defended merger talks with Indian rival Tata Steel saying the consolidation of the sector in Europe was necessary due to the "difficult economic situation". https://www.thelocal.de/20160710/german-steelmaker-defends-merger-talks-with-tata-steel Sun, 10 Jul 2016 13:26:51 +0200 german-steelmaker-defends-merger-talks-with-tata-steel Volkswagen, Daimler, and Bosch are suspected of colluding on steel prices, leading to raids on their offices by the federal competition watchdog, it was reported on Tuesday. https://www.thelocal.de/20160705/vw-daimler-raided-as-part-of-antitrust-investigation Tue, 05 Jul 2016 14:34:16 +0200 vw-daimler-raided-as-part-of-antitrust-investigation ThyssenKrupp's supervisory board has agreed to take a 50-percent pay cut in view of the German heavy industry and steel giant's disastrous losses last year, its chief said on Friday. https://www.thelocal.de/20130118/47415 Fri, 18 Jan 2013 13:44:00 +0100 47415 German heavy industry giant ThyssenKrupp said on Monday it would not pay any annual dividends after it posted a loss of €4.7 billion for the year following a write-down of two loss-making steel plants. https://www.thelocal.de/20121211/46687 Tue, 11 Dec 2012 08:49:00 +0100 46687 The German Cartel Office has slapped one the world's largest steel producers with an enormous fine for fixing railway track prices with three other companies. https://www.thelocal.de/20120705/43581 Thu, 05 Jul 2012 15:08:00 +0200 43581 German industrial giant ThyssenKrupp said Tuesday it has agreed to sell its stainless steel unit Inoxum to Finnish group Outokumpu in a deal which valued the business at €2.7 billion ($3.6 billion). https://www.thelocal.de/20120131/40445 Tue, 31 Jan 2012 11:14:00 +0100 40445 German industrial giant ThyssenKrupp said Friday it booked heavy losses in its business year just ended owing to massive €2.9 billion ($3.9 billion) in writedowns on its US and stainless steel businesses. https://www.thelocal.de/20111202/39267 Fri, 02 Dec 2011 14:24:00 +0100 39267 German steel group ThyssenKrupp said on Friday that talks to create a broad joint venture with Abu Dhabi MAR had broken down, a setback for the German company's plans to reduce debt. https://www.thelocal.de/20110701/36023 Fri, 01 Jul 2011 19:19:00 +0200 36023 Some 85,000 steel industry workers in northwestern Germany will get a raise this autumn after their unions reached an agreement with employers on Thursday morning. https://www.thelocal.de/20100930/30173 Thu, 30 Sep 2010 10:46:00 +0200 30173 ThyssenKrupp on Thursday became Germany's latest corporate giant to announce it was pulling out of Iran as part of Western pressure on the Islamic republic over its nuclear programme. https://www.thelocal.de/20100923/30041 Thu, 23 Sep 2010 17:33:00 +0200 30041