Thyssenkrupp faces higher investment costs at new plants in the us, Brazil
ThyssenKrupp AG is facing higher investment costs for its new steel plants in Alabama, United States, and Brazil due to higher construction costs.
German industrial conglomerate ThyssenKrupp plans to cut more than 3,000 jobs or about 1.5 per cent of its total staff amid a slump in demand, the Financial Times reported on Friday.