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ThyssenKrupp Has Decided to Shut Down One of The Two Electric Arc Furnaces at AST
Aug 13, 2014German steelmaker ThyssenKrupp has announced that it has decided to shut down one of the two electric arc furnaces at Acciai Speciali Terni (AST), its stainless steel plant in Italy, in 2015-2016 to focus on cold rolled products. ...
Tags: ThyssenKrupp, shut down, Metallurgy, Mineral
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Outokumpu Plans to Divest Its Italian Steel Plant Terni
Dec 3, 2013Finland-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
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Aperam, Arvedi and Marcegaglia Have Stepped up on Its Bid for Outokumpu Italian Steel Mill
Nov 27, 2013Reuters 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
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A Group Led by Stainless Steel Maker Aperam up Its Bid for Outokumpu's Italian Steel Mill
Nov 26, 2013It 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
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Yusco Mulls to Buy Outokumpu's Subsidiary Stainless Steel Plant AST in Terni
Sep 25, 2013Reportedly, Taiwan's stainless steel producer Yieh United Steel Corp (Yusco) mulls to buy Outokumpu's subsidiary stainless steel plant Acciai Speciali Terni (AST) in Terni, Italy, attempting to expand its global layout. AST was put up for ...
Tags: taiwan, steel, Construction
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Mika Seitorvita Stated That The Bids Received So Far for Its Italian Asset AST
May 28, 2013Mika Seitorvita, CEO of Finnish steelmaker Outokumpu, has stated that the bids received so far for its Italian asset Acciai Speciali Terni (AST) do not meet the expectations of the Finnish company. "The bids Outokumpu has received so far ...
Tags: Italy, steelmaking, Outokumpu, European Union, Brescia
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Cogne Acciai Speciali Will Supply Stainless Steel Products
May 28, 2013Aosta, Italy-based steelmaker Cogne Acciai Speciali (CAS) has announced it it will supply stainless steel products, mainy ribbed bar Concrinox, worth $6 million for the construction of a new bridge between Hong Kong and Macao. The Hong ...
Tags: stainless, Italy, steelmaking, European Union, Brescia
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EC May oblige Aperam to Sell Assets in Terni Plant Acquisition Bid
Apr 26, 2013The 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
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Outokumpu Has Received Three Purchase Offers for Italian Stainless Mill AST
Apr 19, 2013Finnish 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
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Aperam SA Announces They Intend to Create an Italian Joint Venture Aimed at Participating
Feb 21, 2013Luxembourg-headquartered global stainless steel producer Aperam SA, which was spun off by ArcelorMittal and separately listed in 2011, has announced that together with Italy-based Ilta Inox S.p.A. (Arvedi) and Marcegaglia S.p.A. ...
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Aperam Is Interested in Buying The ThyssenKrupp Acciai Speciali Terni Plant in Italy
Dec 20, 2012Reuters 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
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POSCO Is Interested in Buying The Thyssenkrupp Stainless Steel Plant in Terni
Dec 14, 2012Reuters 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
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Italy Faces a Deep Crisis as Its Biggest Steel Plants Struggle for Survival
Dec 12, 2012Reuters reported that Italy faces a deep crisis as its biggest steel plants struggle for survival, putting it in the forefront of a permanent decline in western Europe’s steel sector and increasing cost pressures on many of the ...
Tags: Steel, steel plants, steel sector
