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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 Secured The Best Possible Price on Terni and VDM
Dec 11, 2013Following the transaction concluded with German steel giant ThyssenKrupp for the divestment of Italian mill Terni and the high performance alloy unit VDM, Finland-based stainless steel producer Outokumpu has stated that with this ...
Tags: steel, metallurgy, price
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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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Terni Will Have a Long Summer Break This Year and It Will Be Its Longest Since 2000
Aug 13, 2013Italian stainless steel mill Terni will have a long summer break this year and it will be its longest since 2000. Since the ownership is still uncertain, the mill stopped for summer maintenance the No.4 EAF from August 2nd to September ...
Tags: Terni, stainless steel
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International Financial Crisis Will Continued to Affect The Stainless Steel Market
Jul 25, 2013The Spanish stainless steel producer Acerinox S.A. has said that in the second quarter of the current year the international financial crisis, a lack of confidence and the overcapacity in the sector continued to affect the stainless steel ...
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Outokumpu Will Sell Terni Plant
Jun 13, 2013Outokumpu will sell Terni plant, the Europe's biggest and most modern steel plants as a condition for the EU authorities to approve its acquisition of Inoxum. However, Outokumpu was not satisfied with the number of bids or the price ...
Tags: Metallurgy, Mineral, Energy
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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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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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The European Apparent Demand for Stainless Steel Dropped by 6.8% Year on Year in Q1
Apr 25, 2013Spain-based stainless producer Acerinox said that the European apparent demand for stainless steel dropped by 6.8% year on year in the first quarter of this year. However, the US apparent demand for stainless steel increased by 9.2% year on ...
Tags: Stainless, Metallurgy, Mineral, Energy
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Acerinox's Stainless Steel Market Improves While Prices and Inventories Still Low in Q1
Apr 24, 2013The Spanish stainless steel producer Acerinox S.A. has announced that in the first quarter of 2013 the stainless steel market has experienced an improvement compared to the end of 2012. However, doubts about the economic recovery and the ...
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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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European Major Stainless Steel Producers Have Announced to Cut Alloy Surcharges for April
Mar 28, 2013It's reported that the European major stainless steel producers, including Acerinox, Aperam, Outokumpu and Terni have announced to cut alloy surcharges for April, aiming to reflect lower nickel prices at LME. It's known that the average ...
Tags: Stainless, steel, Metallurgy, Mineral, Energy
