It is learned that steelmaker Ternium, owner of Brazil’s Usiminas, quits the bidding of ThyssenKrupp’s asset Companhia Siderúrgica do Atlantico (CSA). In a conference call, the company’s CEO Daniel Novegil said the ...
Tags: Ternium, CSA, steelmaker
Austria-based steelmaker voestalpine has announced that it has become the first company to reach an agreement with German national rail operator Deutsche Bahn, regarding the German rail steel cartel. Accordingly, voestalpine has agreed to ...
Tags: Voestalpine, Deutsche Bahn, Rail Cartel Case
US domestic flat rolled price increases in Q4 2012 and Q1 2013 did not stick due to lackluster demand, overcapacity woes and import competition, executives at Reliance Steel & Aluminum said during the company's Q1 2013 conference call on ...
Tags: Reliance Steel, US Flats Market
The European Commission (EC) may oblige Luxembourg-headquartered steelmaker Aperam, which is bidding to buy Outokumpu's Italian stainless steel plant in Terni, to sell other steel assets if it succeeds in the acquisition bid, a commission ...
Tags: Metallurgy, Mineral, Energy
It is reported that German ThyssenKrupp expected to seek a potential buyer for its grain-oriented electrical steel business. Meanwhile, the company's grain-oriented plants in Gelsenkirchen in Germany, Isbergues in France and Nashik, India ...
Tags: Electrical Steel Plants, Metallurgy, Mineral, Energy
Finnish stainless steel producer Outokumpu has informed Italy's Ministry of Economic Developement that it has received three purchase offers for Terni-based Italian stainless mill Acciai Speciali Terni (AST), according to local Italian ...
Tags: Stainless Steel Mill, Metallurgy, Mineral, Energy
ThyssenKrupp, a German multinational conglomerate corporation has planned to cooperate with Ansteel, who is the second largest steel maker in China to construct a new hot dip galvanized production line for expansion. This joint venture ...
Tags: Metallurgy, Mineral, Energy, steel
German steelmaker ThyssenKrupp's China-based joint venture with Chinese steel producer Ansteel is to build a new production line in Yufu Industrial Park in Liangjiang New Area in Chongqing which will produce hot dip galvanized (HDG) sheet ...
An independent research study commissioned by the Steel Market Development Institute (SMDI), a business unit of the American Iron and Steel Institute (AISI), revealed 65 percent of decision makers at Fortune 500 consumer product companies ...
Tags: Packaging, Printing, steel, consumer packaged goods
Reportedly, the Brazilian steelmaker Cia Siderúrgica Nacional SA (CSN) shows its interests in purchasing ThyssenKrupp AG’s Steel Americas unit. CSN has been looking for ways to make Brazilian Development Bank (BNDES) in ...
Tags: Thyssen Steel, steelmaker, Steel
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
Software vendors, academic institutions and government agencies united on Tuesday to tackle European youth unemployment and the IT skills shortage with a new online education platform. Academy Cube, developed by SAP with the support of ...
Tags: Software, IT skills, Academy Cube
Reportedly, ThyssenKrupp released bids in for its steel mills in Brazil and the United States. Heinrich Hiesinger, the CEO of ThyssenKrupp has declined to comment on the prices. The deadline for final bids was in February. The ...
Tags: steel mills, steel companies, steel
Germany-based steelmaker ThyssenKrupp has announced that its Steel Europe unit offices in Duisburg were searched by the Federal Cartel Office, Germany's antitrust regulator, on Thursday, February 28, within the scope of alleged ...
Tags: auto steel, steelmaker, specific steel
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 ...