It is reported that German ThyssenKrupp expected to seek a potential buyer for its grain-oriented electrical steel business. Meanwhile, the company's grain-oriented plants in Gelsenkirchen in Germany, Isbergues in France and Nashik, India are with total 1800 employees. The company will try to keep its non-oriented business which becomes part of TK's European steel business. However, TK didn't disclosure any detail when the plants will be sold at this moment.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64122&division=A9
