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Steel News: ThyssenKrupp

ThyssenKrupp business headlines and news reports


Warning that Welsh steel industry could be 'hoovered up' and closed ...
Wed, 13 Jul 2016 11:36:21 +0100
The UK Government has been warned that a merger of Tata Steel's European operations with Germany's ThyssenKrupp could lead to the closure of the Welsh sites. MPs laid bare the scale of their concerns about the challenges facing the industry in Wales in ...
http://www.walesonline.co.uk/news/politics/warning-welsh-steel-industry-could-11607475


Tata says global steel industry 'vulnerable' - BBC News
Mon, 11 Jul 2016 16:46:33 +0100
The global steel industry is 'very vulnerable' because of a huge oversupply problem, a Tata Steel executive has told the BBC. Last week, Tata Steel said it was in joint venture talks with Germany's Thyssenkrupp. Koushik Chatterjee, group executive for ...
http://www.bbc.co.uk/news/business-36762311


Tata Steel UK: going, going...still going - Livemint
Sun, 10 Jul 2016 15:34:29 +0100
ThyssenKrupp's interest in a European JV with Tata Steel was known, although it did not include the UK. On the brighter side, steel prices too have recovered since end-March, and the UK business may even be profitable now. Tata Steel's Indian investors ...
http://www.livemint.com/Money/fUI1A2zOkLMpH6n5fdYcBI/Tata-Steel-UK-the-saga-continues.html


ThyssenKrupp defends merger talks with Tata Steel in Europe
Sun, 10 Jul 2016 07:19:00 +0100
German conglomerate ThyssenKrupp on Saturday defended merger talks with Indian rival Tata Steel saying the consolidation of the sector in Europe was necessary due to the difficult economic situation. ......
http://article.wn.com/view/2016/07/10/ThyssenKrupp_defends_merger_talks_with_Tata_Steel_in_Europe/


Tata Steel in talks for possible joint venture in UK
Sat, 09 Jul 2016 00:45:27 +0100
BENGALURU: Tata Steel Limited said on Friday it was in talks with potential strategic partners in the steel industry, including Thyssenkrupp AG, to explore a potential joint venture for its UK business. However, the company said the talks were currently at a preliminary stage and there could be no certainty of a transaction as the outcome depends on consultation and negotiations with various stakeholders.
http://redirect.viglink.com?u=http://www.topix.com/business/steel/2016/07/tata-steel-in-talks-for-possible-joint-venture-in-uk%3Ffromrss%3D1&key=ddaed8f51db7bb1330a6f6de768a69b8


ThyssenKrupp Elevators And KONE Could Merge In The Near Future - ...
Thu, 02 Jun 2016 14:59:59 +0100
Seeking Alpha - - When people think about ThyssenKrupp they usually think about steel production since it is the majority of their business. However at the moment the elevator business is more valuable for the company if you consider cash flow and earnings. The elevator ...
http://seekingalpha.com/article/3979398-thyssenkrupp-elevators-kone-merge-near-future


ThyssenKrupp cuts profit estimates as steel glut weighs on prices ...
Tue, 10 May 2016 12:35:49 +0100
Germany's largest steelmaker ThyssenKrupp has cut its profit forecast as record Chinese exports have led to a global glut of steel and pushed prices lower. The German industrial conglomerate lowered its underlying earnings forecast for 2016 to a ...
https://www.theguardian.com/business/2016/may/10/thyssenkrupp-cuts-earnings-estimates-profit-steel-glut-china-imports


Thyssenkrupp wants active role in any steel mergers - Reuters UK
Fri, 15 Apr 2016 13:13:50 +0100
- Thyssenkrupp is Europe's third-biggest steel producer after ArcelorMittal and Tata Steel (TISC.NS). A combination of Thyssenkrupp's steel division with Salzgitter might be politically preferable but Salzgitter's CEO has repeatedly ruled out mergers ...
http://uk.reuters.com/article/uk-thyssenkrupp-steel-idUKKCN0XC1DW


Vale confirms sale of CSA steel plant stake to ThyssenKrupp
Mon, 04 Apr 2016 16:42:00 +0100
Vale (NYSE:VALE) says it will sell its entire 26.87% stake in the CSA steel plant to ThyssenKrupp (OTCPK:TYEKF) for a symbolic price, confirming a report on Friday which said the Brazilian iron ore miner was planning to exit the venture. Vale says it ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=5C73498DC50E48DD9E946DE99C7EF70D&url=http://seekingalpha.com/news/3171393-vale-confirms-sale-csa-steel-plant-stake-thyssenkrupp&c=5OyDXtdzPRoeXWA8kkTI2pIiNWv_oeBrsJJxTNUcLJI&mkt=en-gb


Were Analysts Bullish ThyssenKrupp AG (ETR:TKA) This Week - Stock ...
Sat, 26 Mar 2016 10:46:40 GMT
Stock CallerThyssenKrupp AG is a Germany-based diversified industrial company. The company has a market cap of 9.56 billion EUR. It operates six divisions: The Steel Europe segment produces flat carbon steel products; the Steel Americas segment includes the ...
http://www.stockcaller.com/were-analysts-bullish-thyssenkrupp-ag-etrtka-this-week/69359/


Thyssenkrupp expands in response to new auto orders - Reuters UK
Mon, 15 Feb 2016 12:25:48 GMT
- The steel-to-elevators group said it would move about 200 administrative staff from its shock absorber unit Bilstein's headquarters in the town of Ennepetal, North Rhine-Westphalia, to a new site in Bochum, about 30 kilometres (19 miles) away. 'Our ...
http://uk.reuters.com/article/uk-thyssenkrupp-components-expansion-idUKKCN0VO1E9



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