Gas shortage could force steelmaker ThyssenKrupp to halt production
Posted On: Aug. 4, 2022 10:01 AM CSTGerman engineering and steel conglomerate ThyssenKrupp AG is bracing for potential gas supply disruptions and a subsequent suspension of production, as the company mainly operates on gas, Yieh reported. Russia’s recent suspension of gas supplies to several European nations and the stoppage of gas supplies from Russia to Germany through the Nord Stream 1 pipeline has raised the risk of gas shortage.