Thyssenkrupp said, that it received a non‑binding bid from Jindal Steel International for Thyssenkrupp Steel Europe (TKSE). The German group said it will assess the proposal with emphasis on economic sustainability, continuity of TKSE’s green transition, and safeguarding jobs at its steel sites. Shares in Thyssenkrupp rose about 2.1% after the announcement. The approach follows Thyssenkrupp’s sale in 2024 of a 20% TKSE stake to Czech investor Daniel Křetínský, with an initial plan to sell a further 30% to form a 50:50 joint venture. That deal drew criticism from the IG Metall union over limited visibility into Křetínský’s strategy. On Tuesday, deputy supervisory board chair and senior IG Metall official Jürgen Kerner called the new Jindal offer “good news,” urging rapid, substantive talks to clarify outstanding issues. Terms of Jindal’s offer were not disclosed. Thyssenkrupp reiterated that any transaction must align with TKSE’s decarbonization pathway. The company did not provide a timetable for negotiations.