Finance
Thyssenkrupp 'confident' materials trading unit can be divested, CEO says
Published by Global Banking & Finance Review®
Posted on January 30, 2026
1 min readLast updated: January 30, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 30, 2026
1 min readLast updated: January 30, 2026
Thyssenkrupp's CEO is confident in divesting the materials trading unit, aiming for market independence, with timing dependent on conditions.
FRANKFURT, Jan 30 (Reuters) - Thyssenkrupp is confident that its materials trading division can be made independent in a sale or other transaction, its chief executive said on Friday, leaving open when such a step could happen.
"We are confident that Material Services can be successfully brought to the capital market, even in a challenging environment," Miguel Lopez told shareholders at Thyssenkrupp annual general meeting.
"As with any planned transaction, the exact timing will depend on market conditions."
(Reporting by Christoph Steitz, Editing by Friederike Heine)
A materials trading unit is a division within a company that specializes in the buying and selling of raw materials and commodities.
Market conditions refer to the various factors that influence the performance of a market, including economic indicators, supply and demand, and investor sentiment.
Corporate strategy is the overall plan for a company, outlining how it will achieve its goals and objectives, including decisions on resource allocation and business direction.
Trading platforms are software applications that allow investors to buy and sell financial instruments, such as stocks, bonds, and commodities, in real-time.
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