Thyssenkrupp CFO: We Have a Large Value Creation in U.S.

The video discusses the improvement in steel pricing due to rising raw material costs, the impact of US policies under President Trump on business operations, challenges in finding acquisition opportunities, and the need for consolidation in the European steel industry. It also touches on the potential for job creation in the US steel industry, given the current tariffs and infrastructure projects.

What was the main driver behind the improved steel pricing compared to last year?

• Technological advancements

• Government subsidies

• Sharp increase in raw material prices

• Increased demand for steel

How might President Trump's policies affect the company's operations in the US?

• By reducing import tariffs

• By outsourcing jobs to Mexico

• By increasing infrastructure projects

• By closing US factories

Why are large acquisitions difficult to find in the elevator business?

• The market is largely distributed among big companies

• There is a lack of family-owned companies

• The industry is declining

• There are too many regulatory hurdles

What is the company's current focus regarding its portfolio?

• Increasing dividend payouts

• Investing in new technologies

• Fixing portfolio issues and asset sales

• Expanding into new markets

What is the main challenge in the European steel industry according to the transcript?

• Environmental regulations

• High production costs

• Oversupply and need for consolidation

• Lack of skilled labor

What steps has the company taken to prepare its Brazilian assets for sale?

• Partnered with local companies

• Acquired full ownership and operating license

• Reduced operational costs

• Increased production capacity

What could potentially create jobs in the US steel industry?

• Increased import tariffs

• More infrastructure projects and demand

• Reducing steel prices

• Outsourcing production