首页|Thyssenkrupp suspends costs guidance and seeks to rebuild trust
Thyssenkrupp suspends costs guidance and seeks to rebuild trust
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Rising iron ore and coking coal prices have thrown a spanner in the works of German industrial conglomerate Thys senkrupp as it seeks to rebuild investor trust and to divest its massive but un-derperforming steel division. The manufacturer suspended its free cash flow guidance, and warned that its plan to spin out steel operations, in the wake of commodity market uncer tainty triggered by Russia's attack on Ukraine.