Germany's Thyssenkrupp net loss recedes


(MENAFN) Thyssenkrupp, German steel giant, said that its net loss for the previous fiscal year was considerably lower than the year before it, Xinhua reported. In the 2012\2013 fiscal year, the company posted a net loss of USD2 billion versus USD6.7 billion in the year before it. Thyssenkrupp has also announced its intention to sell its steel plant in the US for USD1.55 billion.


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