ThyssenKrupp has completed the combination of its stainless steel business Inoxum with the Finnish company Outokumpu. With closing of the deal ThyssenKrupp will receive EUR 1 billion in cash from Outokumpu for Inoxum. In addition ...
Tags: ThyssenKrupp, stainless steel, German, Finland, combination, Inoxum
Outokumpu and ThyssenKrupp AG have completed the Inoxum transaction. Outokumpu announces last week the completion of the Inoxum transaction. With close to 40% market share in Europe and 12% globally, the broadest portfolio in the industry ...
Outokumpu appoints Johann Steiner as executive vice president, human resources and health, safety and sustainability. He will report to CEO Mika Seitovirta and become a member of Outokumpu Leadership Team. Mr Steiner will be ...
Tags: Outokumpu, Johann Steiner, Outokumpu Leadership Team, company news
Outokumpu announced last week that it has completed the Inoxum transaction with ThyssenKrupp AG. The acquisition results Outokumpu a 40% market share in Europe and 12% globally, the largest portfolio in the industry. ThyssenKrupp becomes ...
Tags: Outokumpu, ThyssenKrupp AG, stainless steel industry, Europe
Finland-based stainless steel producer Outokumpu has announced that it has completed the acquisition of Inoxum,the stainless steel unit of the German steel giant ThyssenKrupp.The new Outokumpu starts operations on December 29,2012,with a ...
Tags: Outokumpu, stainless steel, cold rolling capacity, steel
According to report, the Finnish stainless steelmaker Outokumpu and German-owned Inoxum will formally start operation as one company under the name of Octokumpu, effective January 1st, 2013. The new Outokumpu will become the world’s ...
Tags: stainless steelmaker, steelmaker, steel, stainless cold rolling
Outokumpu has for the first time been rated Prime company by oekom research AG,a German research company that evaluates share and bond issuers as sustainable investments. Prime rating means that Outokumpu shares and bonds qualify for ...
Tags: Outokumpu, sustainable investments, share, bond
Reuters reported that Luxembourg based stainless steel maker Aperam is interested in buying the ThyssenKrupp Acciai Speciali Terni plant in Italy, the company said, joining what sources said was a list of possible bidders. Others ...
Tags: stainless steel maker, Aperam, ThyssenKrupp Acciai Speciali Terni
Reuters reported that POSCO has denied that it is interested in buying the ThyssenKrupp stainless steel plant in Terni, Italy, rejecting market speculation that the South Korean producer could buy the plant to increase its presence in ...
Tags: POSCO, stainless steel, steel industry, steel market
Outokumpu delivered duplex stainless steel for biogas tanks built by German biogas tank manufacturer Börger GmbH. Tanks built in LDX 2404® and LDX 2101® are now up and running. Lean duplex stainless steel is proving to be an ...
Reuters reported that ThyssenKrupp chief executive Mr Heinrich Hiesinger wants to examine all options regarding the future of its German steel business, including a spin off and a public flotation. German magazine citing supervisory board ...
Tags: stainless steel, carbon steel, steel mills
Good understanding of the business and customer allowed Outokumpu to propose a promising concept for stainless steel service centre Equinox. Officials said that "Our customer now benefits from our first rate quality and accurate ...
Reportedly, the European stainless makers have announced to cut the alloy surcharge for December by at least €111/ton in response to lower nickel prices. It's learned that the three major stainless steel producers in Europe ...
European stainless steel industry is facing with excess capacity, imports surged and low profit margins. Although many people think that Europe stainless steel industry must be reformed, but it still can't achieve a consensus on the reform ...
Tags: stainless steel
1. Productivity growth too fast and disorderly competition serious broke the balance of the stainless steel supply and demand. From 2006 to 2010, China stainless steel industry develop rapidly, it keep the world's largest stainless steel ...
Tags: Stainless steel