STORY: Thyssenkrupp raised the valuation assigned to its steel business by a quarter on Tuesday.
Less than two weeks after talks to sell it to India's Jindal Steel fell through.
Germany's Thyssenkrupp has tried to divest Europe's second-largest steelmaker for years.
But differing views on its value, including pension liabilities, have hindered a sale.
The company's CEO indicated valuation differences were behind the collapse of the recent talks.
Miguel Lopez said this was due to an agreement with unions to cut or outsource 11,000 jobs...
a recent deal to exit the HKM steel joint venture...
as well as European safeguard measures to protect local industry from cheap Asian imports.
Thyssenkrupp's finance head said this led the firm to raise its steel segment's book value to $3.5 billion - up from a previous valuation of below $3 billion.
Lopez said the goal was still to divest TKSE and keep a minority stake.
But for now the division's restructuring was the focus, while remaining open to offers.
