June 14, 2018 / 10:25 AM / 8 days ago

Thyssenkrupp labour leaders see progress in Tata Steel JV talks

DUESSELDORF (Reuters) - Labour representatives of Thyssenkrupp moved closer to an agreement with management over a planned European steel joint venture with Tata Steel, a member of the group’s supervisory board said on Thursday.

FILE PHOTO: Steam rises at a coking plant at the steelworks of German steel maker ThyssenKrupp AG in Bruckhausen, a suburb of the western German city of Duisburg, in October 2, 2012. REUTERS/Ina Fassbender/File Photo

“We have made progress in talks with management over the steel joint venture with Tata,” Markus Grolms, Thyssenkrupp’s supervisory board vice chairman and trade union secretary at the IG Metall union, told Reuters.

Reporting by Tom Kaeckenhoff; Writing by Christoph Steitz

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