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Market Extra: ThyssenKrupp powers higher as Tata prepares to scuttle U.K. business

2016-03-31 02:18:05| Steel - Topix.net

Shares of German steel producer ThyssenKrupp AG jumped more than 8% Wednesday in what's been a painful day for the British steel industry. More than 1,000 U.K. jobs look set to be cut as Tata Steel Ltd. said it's looking into selling its loss-making U.K. operations.

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