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ThyssenKrupp business headlines and news reports

Thyssenkrupp Raises Profit Outlook After Brazil Plant Sale
Fri, 12 May 2017 03:27:00 GMT
Thyssenkrupp AG, Germanys biggest steelmaker, boosted its fiscal-year profit forecast after it improved its operating performance and agreed to sell a Brazilian steel plant. Earnings before interest and taxes, excluding one-time items, will be 1.8 ...

Industry group lowers bid price for German warships - magazine
Thu, 04 May 2017 00:00:00 GMT
BERLIN Reuters - A consortium including Luerrsen Werft and Thyssenkrupp (DE:TKAG) has lowered its bid to build five warships for Germany's Defence Ministry, but will still exceed the ...

Thyssenkrupp steelworkers protest against Tata merger plan
Wed, 03 May 2017 00:00:00 GMT
DUISBURG, Germany Reuters - Thousands of Thyssenkrupp (DE:TKAG) steelworkers protested on Wednesday against the German industrial group's plan to merge its European steel operations with those...

German union demands end to talks between Thyssenkrupp and Tata
Tue, 02 May 2017 00:00:00 GMT
DORTMUND, Germany Reuters - German labour union IG Metall demanded on Tuesday that industrial company Thyssenkrupp (DE:TKAG) end talks to merge its European steel business with that of India's...

Thyssenkrupp sees connected elevators lifting profit
Tue, 25 Apr 2017 00:00:00 GMT
HANOVER, Germany Reuters - Thyssenkrupp (DE:TKAG) sees the connection of elevators to the internet potentially lifting its profits by a double-digit million-euro amount, the head of its elevator ...

Thyssenkrupp plans steel 500 million euro cost cuts over three ...
Sat, 08 Apr 2017 00:48:00 GMT
Thyssenkrupp Steel Europe accounts for about a fifth of group sales, and had an operating profit margin of 4.1 percent last fiscal year. The group agreed to sell its remaining American steel business, a loss-making steel mill in Brazil, in February.

Global Steel Market Manufactures and Key Statistics Analysis ...
Wed, 29 Mar 2017 06:24:00 GMT
Nippon Steel, POSCO, Baosteel Group, Jiangsu Shagang Group, Shougang, Tata Steel, Wuhan Iron and Steel Cor., Shangdong Iron and Steel Group, Hyundai Steel, Nucor Corporation, Maanshan Iron and Steel, ThyssenKrupp, Gerdau. Download Free sample Report http ...

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 ...

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 ends costly Americas venture with CSA sale to Ternium
Wed, 22 Feb 2017 14:15:00 GMT
Late last year, Thyssenkrupp took full control of CSA after Vale SA (VALE5.SA), the Brazilian mining company that is the world's No. 1 iron ore producer, exited the company for a token sum. Vale failed to obtain an earn-out payment because the CSA price ...

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 sells CSA steel plant in Brazil for 1.5 billion
Wed, 22 Feb 2017 04:35:00 GMT
The industrial and technology group thyssenkrupp has taken another big step on its Strategic Way Forward. The company has reached agreement with Ternium on the sale of the CSA Siderrgica do Atlntico (CSA) steel plant in Brazil. The purchase price ...

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 ...

Number of news reports: 15

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