ThyssenKrupp CFO Says Growing Nicely in China

The transcript covers a business update, focusing on Q2 performance, particularly strong order intake in industrial and elevator sectors, and a positive outlook despite challenges in China. It addresses concerns about the debt to equity ratio, explaining the impact of the Brazilian asset sale and cash flow expectations. The discussion also includes updates on the Tata Steel joint venture, highlighting pension issues as a major hurdle. Strategic options for Thyssenkrupp are considered, emphasizing the need for consolidation in the steel sector.

What are the implications of the price hikes mentioned in the text?

How does the company view the current situation in China regarding their business?

What is the expected timeline for closing the disposal of the Brazilian assets?