Finland-based stainless steel producer Outokumpu has announced that the closure of its Krefeld meltshop in Germany has been completed according to a plan announced in January 2012. The last day of operations at the meltshop was December 6, ...
Tags: stainless steel, metallurgy
German steelmaker ThyssenKrupp has announced that it has raised €882.3 million through a capital increase corresponding to 10 percent of capital stock, selling 51.5 million new shares at €17.15 per share. This capital measure ...
Tags: Thyssenkrupp, Capital Increase
International credit ratings agency Moody's has stated that the acquisition of German steelmaker ThyssenKrupp's Alabama, US-based steel mill by the joint venture partnership between ArcelorMittal and Japan's Nippon Steel & Sumitomo Metal ...
Tags: steelmaker, metallurgy
Global steel giant ArcelorMittal has announced that it has entered into a 50/50 joint venture partnership with Japan-based Nippon Steel & Sumitomo Metal Corporation (NSSMC) to acquire the Alabama-based steel processing plant ThyssenKrupp ...
Tags: steel, ArcelorMittal
Finland-based stainless steel producer Outokumpu has announced that it plans to divest its Italian steel plant Terni (Acciai Speciali Terni) and its high performance alloy unit VDM. Outokumpu has signed a binding agreement with ThyssenKrupp ...
Tags: steel producer, Outokumpu
Germany-based steelmaker ThyssenKrupp has announced its financial results for the financial year 2012-13, stating that it is planning a capital increase of up to 10 percent, raising €1 billion, as the sale of its US steel mill has now ...
Tags: steel, financial results
Japan's Nikkei newspaper reported Tuesday that a deal has been finalized between Thyssenkrupp and a consortium of ArcelorMittal and Nippon Steel & Sumitomo Metal to purchase Thyssenkrupp's Calvert, Alabama mill. The report, which did not ...
Tags: Japanese, paper, confirm, sale, Thyssenkrupp, US, mill, Nippon Steel
Reuters reported that stainless steelmaker Aperam and the Italian stainless steel producers Arvedi and Marcegaglia, have stepped up on its bid for Outokumpu Italian steel mill, Terni as the seller, Outokumpu expressed that the bids they ...
Tags: Aperam, Arvedi, Marcegaglia, raise, bid, Outokumpu, Acciai
German plantmaker SMS Siemag has announced that the 400-ton converter at ThyssenKrupp Steel Europe AG's Duisburg-Bruckhausen Works produced the first heat in September this year, after modernization by SMS Siemag. The internal volume of ...
Tags: SMS Siemag, Mineral
Germany-based steelmaker ThyssenKrupp announced that it reached an agreement with Deutsche Bahn in mid-November in connection with a price-fixing cartel. ThyssenKrupp has agreed to pay damages to the German rail operator. According to ...
Tags: Cartel Case, Mineral
German steel giant ThyssenKrupp has announced the postponement of the publishing of its annual financial results since it is in exclusive negotiations on the possible sale of its US steel plant. The company stated that the negotiations ...
Tags: Steel Mill, Mineral
It is reported that a group led by stainless steel maker Aperam has up its bid for Outokumpu's Italian steel mill. Outokumpu which is looking to sell its Italian steel plant Terni so far sees all bids as too low. The consortium, including ...
Tags: Steel Mill, steel, Construction
ThyssenKrupp's early Wednesday update on the expected sale of its Calvert, Alabama, steel rolling mill has spurred hopes of even higher US sheet prices by the year's end, sources said. Platts maintained its hot-rolled and cold-rolled coil ...
Tags: Steel Sheet, Mineral
It is reported that ThyssenKrupp Steel Europe announced to fire up its 1.7 million metric tons/year blast furnace at its Hamborn works, Duisburg, northwest Germany. However, ThyssenKrupp stopped production at Hamborn No. 9 furnace in ...
Tags: steel, Construction
German steelmaker ThyssenKrupp Steel Europe has announced that blast furnace No. 9 at its Duisburg-Hamborn facility has been put back into operation again. The blast furnace was taken out of service in the spring of 2012 for relining and ...
Tags: steel, Metallurgy, Mineral