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And so in the end, the really relevant decisions are of course not made in Duisburg, but in Essen, at the headquarters: How much is the restructuring worth to the group when it comes to investments, but possibly also the costs for redundancies for operational reasons, which actually are excluded until March 2026? Is it about a real opportunity, a real business model for steel, or about selling the business cheaply and doing the dirty work now? Nothing is ever certain at Thyssenkrupp. Due to corporate culture, there is a great chance that something will be wasted. But at least the process is now the best chance the steel has.
You can read what Thyssenkrupp’s steel board is planning here.