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14 Feb
15:31

Europe's automotive segment fails to strengthen: thyssenkrupp

The steel divisions of Germany’s thyssenkrupp AG (tk) may reduce output slightly in the face of potentially weaker orders but the company does not expect to idle capacity.  In reporting fiscal first quarter earnings, cfo Klaus Keysberg notes that the company does not expect increasing dynamics from the automotive industry in the months ahead, at least not in Europe. A “gap compared to pre-crisis levels” will prevail, Kallanish hears him…
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