Thyssenkrupp is considering cutting working hours as car companies cut or suspend production due to the coronavirus crisis. Thyssenkrupp board member Oliver Burkhard said: “We want to keep as many employees as possible, even if we are partially out of work. To do this, we will consider all options, including short-term allowances. "
The automotive industry is Thyssenkrupp's largest customer group, purchasing numerous components and steel parts from the Steel for Submarine conglomerate. Earlier this week, several automakers imposed massive production cuts due to the spread of the coronavirus, raising the question of when their suppliers will follow suit.
+38 (097) 475-20-95
|
|
|
Subscribe to news 
Metallurgy news
- 24 July 2026
23:00 Arequipa's net profit in the second quarter of 2026 increased by 34.5% amid improved operating performance 21:00 Samarco's sales in the second quarter of 2026 were up 23 percent compared to the first quarter of 2026, but will remain 1 percent lower than in 2025. 21:00 The United States will conduct full reviews of the PC market from 15 countries 20:00 Exports of sheet metal coils from the United States in May 2026 decreased by 2.1 percent compared to April 20:00 CRC imports to the United States in May 2026 decreased by 10.4 percent compared to April 16:00 Tangshan announces short-term steel production cuts 16:00 Vietnam's railway infrastructure development plans open up new opportunities for domestic steelmakers 15:00 Kumba iron ore production and sales fell in H1 2026
Publications
22.07 Ukrittya for warehouse logistics: when it’s easy to fail in times of need 21.07 The best furniture manufacturers for domestic clinics 21.07 Cookware Punching, Riveting and Edge Cutting Machine Choices for Export Production 21.07 LSTK-profile: a modern basis for prefabricated construction 21.07 Choosing Airless Packaging for Serums
