European steel industry news - EU steelmaking headlines.

European Steel Industry News

Steel news - Europe - European Union

MANUFACTURING: Auto industry demand remains strong
Sun, 12 Mar 2017 12:36:00 GMT
Germanys an exporter of steel. Chinas an exporter, he said. India, Brazil, a lot of countries are exporting. Some are estimating the global overcapacity could be 300 or 400 million tons. So theres a lot of overcapacity out there.

Op-ed: European populist protectionism against China is economic ...
Fri, 10 Mar 2017 07:51:00 GMT
Last October, the German government withdrew clearance for the planned takeover of chipmaker Aixtron by Fujian Grand Chip Investment ... including market economy status, steel exports and the arms embargo, which affects a whole number of goods and ...

High quality, value key for steelmakers
Mon, 06 Mar 2017 17:06:00 GMT
It has established partnerships with more than 130 Chinese steel manufacturing businesses, including Baosteel Group in Shanghai and Shougang Group in Beijing, and it currently exports to countries such as Belgium, New Zealand, Spain, Turkey, Romania and ...

Tata Steel may scrap merger plans with Thyssenkrupp: Report
Sun, 05 Mar 2017 00:00:00 GMT
Tata Steel may be considering breaking off talks over a planned merger of its European business with German conglomerate Thyssenkrupp, a UK

Thyssenkrupp eyes Plan B for European steel - report
Fri, 03 Mar 2017 00:00:00 GMT
FRANKFURT Reuters - Germany's Thyssenkrupp (DE:TKAG) has looked at the option of splitting its European steel business into a separate company that could be floated if a merger with Tata ...

Eurofer: China not alone in applying steel import pressure
Thu, 02 Mar 2017 00:00:00 GMT
Ahead of the OECD steel committee's meeting later this month, the European steel association Eurofer has warned that the 'explosive'...

Asia corporate elite in $2.4bn tussle for Q-Park
Wed, 01 Mar 2017 17:45:00 GMT
China Oceanwide, a Beijing-based conglomerate owned by a billionaire banking magnate, and Shougang Group, a state-owned Chinese steel company, also joined the first round of bidding on the Netherlands-based parking group, two people familiar with the ...

Steel giant Ternium to buy Brazilian steel maker for US$1.3 billion
Thu, 23 Feb 2017 02:02:00 GMT
Ternium, a steel producer which is part of the Italian-Argentine Techint conglomerate, announced Wednesday it would buy Brazils Companhia Siderurgica do Atlantico (CSA) for 1.26 billion euros (1.33 billion U.S. dollars). Steel Company This acquisition i ...

ThyssenKrupp pulls out of Brazil
Wed, 22 Feb 2017 10:57:00 GMT
ThyssenKrupp has announced it's selling its Brazilian steel mill, ending its loss-making Steel Americas adventure. The German industry giant has long sought to move away from steel and shift to industrial goods.

ThyssenKrupp sells Brazilian steel business
Wed, 22 Feb 2017 08:54:00 GMT
German industrial group ThyssenKrupp has bid farewell to its steel producing business in Brazil as it continues to move away from the volatile business of making steel to focus on its higher-margin capital goods unit. ThyssenKrupp said Wednesday that it ...

Thyssenkrupp rallies as it agrees sale of Brazil steel plant
Wed, 22 Feb 2017 03:13:00 GMT
Thyssenkrupp has agreed to sell its steel plant in Brazil, CSA Siderrgica do Atlntico, to Ternium SA for 1.5bn. The German industrial and technology group said a writedown of around 900m on CSA will be necessary with the signing, but the company ...

Thyssenkrupp to sell Brazil steel unit for EUR1.5B
Tue, 21 Feb 2017 21:56:00 GMT
COLOGNE, Germany--German industrial major Thyssenkrupp AG (TKA.XE) said early Wednesday it had agreed sell its Brazilian steel plant to Ternium SA TX, 0.55% in a deal valued at EUR1.5 billion. The transaction, set to close by the end of September, would ...

ChelPipe Group sold over 1.7 million tons of pipes
Fri, 17 Feb 2017 00:00:00 GMT
In 2016, Chelyabinsk Pipe-Rolling and Pervouralsk New Pipe Plants - the pipe division of ChelPipe Group - shipped 1.713 million tons of pipes to consumers, which is 15% less than the volume of 2015 (-306 thousand tons). The volume decline was driven by changes in shipment schedules for Gazprom (The Power of Siberia and North European Gas Pipeline) projects, as well as a decrease in demand on domestic and foreign markets. The largest drop is recorded in the segment of large diameter pipes (-27...

Tata Steel says has work to do to progress Thyssenkrupp merger
Thu, 16 Feb 2017 00:00:00 GMT
DUESSELDORF, Germany Reuters - Tata Steel (NS:TISC) still has work to do before it can make progress on European steel merger talks with Thyssenkrupp (DE:TKAG), its Europe chief said on Thursday....

Iran aims for annual steel exports of 20-25 million tonnes by ...
Wed, 15 Feb 2017 20:30:00 GMT
IMIDRO did not respond immediately to requests for further information. The European steelmakers' association Eurofer says Iran has increased exports of hot rolled flat steel rapidly to the European Union (EU) market and has accused Iran of trade ...

Number of news reports: 15

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