Shares of Thyssenkrupp, the German steel and elevator maker whose stock surged in the first quarter, were rallying again on Tuesday to start the second quarter.
Der Anlagenbauer SMS Group rechnet mit einem Start der Thyssenkrupp DE0007500001 Steel-Direktreduktionsanlage für eine klimafreundlichere Stahlproduktion in etwa zweieinhalb Jahren.
German steel producer Salzgitter said on Friday it was too early to tell if its HKM joint venture with Thyssenkrupp and Vallourec would be closed, after a potential buyer dropped out in February.
CEO Oliver Burkhard said reforms to Germany's "debt brake" shows that "when it comes to the defense budget, there is more or less no limit anymore." ThyssenKrupp Marine Systems, or TKMS, is the warship division for German industrial engineering conglomerate ThyssenKrupp, and manufactures naval vessels and submarines.
Die Aktien von Thyssenkrupp DE0007500001 bleiben 2025 bei Anlegern als vermutlicher Profiteur des Rüstungsbooms sehr begehrt.
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