Germany's Thyssenkrupp is reportedly considering a phased sale of its steel division, Thyssenkrupp Steel Europe (TKSE), to India's Jindal Steel International. Discussions involve Jindal Steel acquiring a majority stake initially, with the remainder purchased later, potentially easing Thyssenkrupp's pension liabilities. This potential deal, which is subject to ongoing due diligence and could still change, marks a significant step for Thyssenkrupp in its restructuring efforts and for Jindal Steel in expanding its European presence.