ThyssenKrupp Profit Foracast

Germany's biggest steelmaker ThyssenKrupp is expected to unveil continuing growth in third-quarter underlying profit on brisk demand from carmakers.
Also ThyssenKrupp makes submarines, elevators and chemical plant and other machinery, Analysts expect the steelmaker will confirm its full-year target of about 2 billion euros.
Carmakers are ramping up output in Germany, thanks to a voracious appetite for luxury cars in China and other emerging markets, giving ThyssenKrupp's bread-and-butter carbon steel business the pricing power to fully pass on higher raw material costs.
Germany's economic recovery has been chugging along nicely since the industrialised world emerged from recession and while recent data showed that the growth surge is losing momentum, its mechanical engineering sector stills enjoy booming export orders.