Germany's powerful IG Metall union said 6,000 workers gathered at Thyssenkrupp's Steel Europe headquarters in Duisburg to vent their anger. Armed with flares, flags and whistles in IG Metall's red-and-white colours, employees urged Thyssenkrupp to preserve jobs and invest more to give the steel unit a better chance in a challenging environment. Photo: DPA"Incompetent managers have run this company into the ground," Tekin Nasikkol, head of Thyssenkrupp's Steel Europe works council, told DPA. Thyssenkrupp hit back, saying it believed "in the future of steel" and wanted to make its steel business competitive in the long run. The European Commission's decision last June to block the merger with India's Tata Steel however meant that "far-reaching measures" were necessary to turn around the division.

Source: The Local December 03, 2019 16:07 UTC