Thyssen may need to buy more carbon trading rights

Newswire

BOCHUM, Germany, Jan 21 (Reuters) - German steel and industrial group ThyssenKrupp may need to buy additional carbon trading rights, but the volume would remain low, Chief Executive Ekkehard Schulz said on Friday. "In the worst case, it would be a figure in the single-digit millions for more carbon trading rights," Schulz told the 4,200 shareholders attending the company's annual general meeting.

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