Overview
- IG Metall and the group works council insist on a binding Fair-and-Best-Owner agreement as a precondition for any transaction.
- The demanded pact would secure jobs, plant locations, codetermination rights, and the long‑term future of the steel division.
- Union representatives cite existing employment and site safeguards through September 2030 and seek explicit investment commitments with adequate financing.
- IG Metall urged Thyssenkrupp Steel and Thyssenkrupp AG to start negotiations on the agreement promptly and said the prospective buyer has been informed.
- Talks with India’s Jindal Steel have been ongoing since a nonbinding offer in mid‑September, and no deal has been finalized for Germany’s largest steelmaker.