Thyssenkrupp raises book value of steel unit to $3.5 billion

ReutersMay 12, 2026 8:03 AM

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FRANKFURT, May 12 (Reuters) - Thyssenkrupp TKAG.DE is currently giving its steel division a book value of around 3 billion euros ($3.5 billion), the group's finance chief Axel Hamann told journalists on Tuesday, reflecting greater expectations for the business.

In December, Thyssenkrupp had put the book value of Thyssenkrupp Steel Europe (TKSE) at 2.4 billion euros.

($1 = 0.8512 euros)

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