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Thyssenkrupp suspends costs guidance

Rising iron ore and coking coal prices have thrown a spanner in the works of German industrial conglomerate Thyssenkrupp as it seeks to rebuild investor trust and to divest its massive but underperforming steel division.

William Clarke
Thyssenkrupp suspends costs guidance

The manufacturer suspended its free cash flow guidance, and warned that its plan to spin out steel operations, in the wake of commodity market uncertainty triggered by Russia's attack on Ukraine. The...

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