On Monday, The Timken Company announced that it sent another letter to its shareholders, urging them to support the company's proven strategy to create shareholder value and vote against Proxy Statement Item No. 6, the shareholder proposal ...
Tags: Timken, Shareholders
Canton, Ohio-based The Timken Company announced Wednesday the completion of three previously announced capital investment projects totaling $85 million. The Steel business investments include an open-die in-line forge press at the Faircrest ...
Tags: steel, Metallurgy, Mineral, Energy
Baosteel-China Steel Corporation 14th high-level scientific and technical exchange is held from March 26 to 30. Baosteel Group Co., Ltd. chairman Xu Lejiang and CSC chairman Zou Ruoqi have in-depth exchange on steel market conditions, ...
On Monday, Canton, Ohio-based The Timken Company announced that it filed an updated investor presentation with the Securities and Exchange Commission highlighting the flaws in the analysis behind the shareholder proposal from The California ...
Tags: Timken, Shareholders, Calstrs Proposal
To evoke Group Corporation resource advantages, connect industrial technology demand and R & D capability, accelerate scientific and technological achievement transformation, promote renewable resource comprehensive utilization green ...
Tags: Baosteel, Group Corporation, Mineral
On March 27, Liaoning Province-based Chinese steelmaker Lingyuan Iron and Steel Co. announced that it plans to issue approximately 37,837 non-public A shares aiming to raise up to RMB 1.4 billion ($225.1 million). Lingyuan Steel seeks to ...
Tags: Lingyuan Steel, Mineral, steelmaker
It is reported that Austrian integrated steel maker Voestalpine planned to upgrade its special steel business in Europe, US and China with the acquisition of coating facilities and processing units. However, the company has announced ...
Tags: steel maker, steel, steel business
ThyssenKrupp AG has pointed Ulrich Leher as new chairman of its supervisory board, replacing Gerhard Cromme who announced his resign last week. The Lehner would restructure the supervisory board and make corporate governance and compliance ...
Tags: Steel business, Steel, ThyssenKrupp
On February 28, Hong Kong-based conglomerate CITIC Pacific, which includes special steel manufacturing and iron ore mining among its main business interests, announced its financial results for 2012. Accordingly, in 2012 CITIC Pacific ...
Tags: Iron project, CITIC Pacific, iron ore mining
Reprotedly, Aperam, Luxembourg-based stainless steel maker, has intend to bid Outokumpu’s Terni plant in Italy with two Italian firms, boosting hopes the sale has clear buyer. Outokumpu has decided to sell the Terni mill by May ...
On Tuesday, Relational Investors LLC announced that Relational and the California State Teachers Retirement System (CalSTRS), collectively owners of 7.31 percent of The Timken Company, sent a joint letter to the Board of Directors of Timken ...
Tags: steel business, steel, bearings
The world's largest steelmaker Luxembourg-based ArcelorMittal has announced its financial results for the fourth quarter and the full year 2012. In the fourth quarter, ArcelorMittal registered a net loss of $3.99 billion compared to a net ...
It’s reported that Nippon Steel Sumitomo Metal and ArcelorMittal plan jointly bid for ThyssenKrupp's steel business in North America, in order to improve the production of steel sheets for automobiles. It’s known that ...
Tags: Nippon Steel, JFE steel, steel sheets
According to data released by Serbia’s ministry of finance and economy, Russia’s Zelezara Smederevo, the leading steel business in Serbia, planned to restart of its Smederevo-based steel mill. Meanwhile, the company has ...
Tags: Serbia, Russia, Zelezara Smederevo, steel mill
Houston,Texas-based Ranger Steel Services LP,the largest independent steel plate distributor in the United States,announced Friday that Sales Vice President Jeff McPherson has been appointed President,and Operations Vice President Jochen ...
Tags: Ranger Steel, steel business, Jeff McPherson, US