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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
German steelmakers are beset with problems. Sluggish demand, rising Chinese imports and falling prices are depressing their current performance. The sector’s green transformation, instead of offering a brighter future, poses another threat to their long-term competitive position.
For evidence of this tightening steel trap, look no further than Thyssenkrupp. It is embroiled in the complex carve-out of its steel unit, in which Czech entrepreneur Daniel Křetínský…
