Thyssenkrupp 'confident' materials trading unit can be divested, CEO says

Vallourec SA

30/01/2026 12:00

FRANKFURT, Jan 30 (Reuters) - Thyssenkrupp TKAG.DE 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)

 ((christoph.steitz@thomsonreuters.com; +49 30 220 133 647;))