11,048.11 TRY BIST 100 BIST 100
5.84 CNY CNY CNY
48.58 EUR EUR EUR
41.31 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
39.84 TRY Interest Interest
67.26 USD Fossil Oil Fossil Oil
56.16 USD Silver Silver
4.60 USD Copper Copper
106.61 USD Iron Ore Iron Ore
340.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,851.29 TRY Gold (gr) Gold (gr)

Emirates Steel Arkan considers inclusion in Thyssenkrupp shares

Emirates Steel Arkan EMSTEEL.AD is considering a potential investment in Thyssenkrupp's TKAG.DE steel business. An official proposal is expected in the coming months.

Emirates Steel Arkan considers inclusion in Thyssenkrupp shares

One of the options discussed was Emirates Steel Arkan's acquisition of a minority stake in Thyssenkrupp Steel as part of a joint venture. It was also mentioned that Emirates Steel Arkan can manufacture products with renewable energy before shipping them to Germany, where Thyssenkrupp can convert them into automotive components.

India's JSW Steel Ltd JSTL.NS and acquisition company CVC Capital Partners have also shown interest in the Thyssenkrupp steel business in recent months, the report said.

Over the past decade, the German conglomerate's management has viewed steel as a hurdle for Thyssenkrupp due to its cyclical nature, but previous efforts to merge the division with a peer, sell it to a competitor, list it or go out of business have all failed.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

EU begins anti-dumping investigation into CRF imports from India, Japan, Taiwan, Türkiye and Vietnam

Thursday, September 18, 2025

EU parliament approves simplifications in CBAM

Friday, September 12, 2025

The world's largest steel giants have secured their place on the Fortune 500 global list

Friday, August 1, 2025

Al Jazeera Steel demonstrates strong performance with 60% profit growth in H1 2025

Thursday, July 17, 2025

Trump's global tariff wave: How much tariffs on which countries?

Thursday, July 10, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now