Overview

• Thyssenkrupp confirmed it has received an unbinding, indicative offer from Jindal Steel International to acquire Thyssenkrupp Steel Europe.
• The company began an intensive assessment focused on economic sustainability, the continuation of decarbonisation projects, and employment at steel sites.
• Jindal presented plans to complete the Duisburg green‑steel project and invest more than €2 billion in additional electric‑arc‑furnace capacity, highlighting its raw‑material access and decarbonisation expertise.
• IG Metall and the works council signalled conditional openness and urged swift, substantive talks, as North Rhine‑Westphalia’s government pressed for a credible path to climate‑neutral steel.
• Key uncertainties remain over EP Group’s existing 20% stake and the previously planned 50:50 JV, while Business Insider reports a potential structure with Jindal initially taking about 60% and a possible seller capital injection.