ThyssenKrupp Hit by Wobbly Steel Market in Fiscal

ThyssenKrupp Hit by Wobbly Steel Market in Fiscal Second-Quarter
2012, Capital Expenditures Down From Last Year, an Industrial Info
News Alert 
SUGAR LAND, TX -- (Marketwire) -- 05/16/12 --   Researched by
Industrial Info Resources (Sugar Land, Texas) -- International steel
giant ThyssenKrupp AG (OTC:TYEKF) (Duesseldorf, Germany) reported
sharp overall declines for the second quarter of the company's
2011-12 fiscal year, as a slight increase in orders from continuing
operations failed to offset the effects of negative trends in the
global steel industry, particularly the European debt crisis. The
company reported a net loss of EUR 587 million ($749.44 million),
compared with a EUR 233 million ($297.48 million) gain in
second-quarter 2010-11. 
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Joe Govreau
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