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.  For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showAbstract.jsp?newsitemID=218410&refer=mw, or browse other breaking industrial news stories at www.industrialinfo.com.  Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle(TM), provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.  Contact: Joe Govreau 713-783-5147     
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