Thyssenkrupp takes $1 billion impairment on steel unit | REUTERS

Thyssenkrupp has written down its steel division's value by another $1.06 billion, citing a worsening sector outlook as weak demand and Asian competition challenge Germany's industrial competitiveness. #News #thyssenkrupp #steel #germany #industry #Reuters #Newsfeed Read the story here: https://reut.rs/3CDUm2M 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en