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Steel News: ThyssenKrupp

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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 ...

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 ...

BRIEF-Thyssenkrupp agreed with Ternium on sale of CSA steel plant ...
Tue, 21 Feb 2017 20:52:00 GMT
Company reached agreement with Ternium on sale of CSA steel plant in Brazil for eur 1.5 billion. * With closing of deal co will receive a clear cash inflow which will significantly reduce the group's net financial debt * Sale will have corresponding ...

Ternium buys ThyssenKrupp's Brazil mill for $1.3 bln
Tue, 21 Feb 2017 18:17:00 GMT
ThyssenKrupp was forced to become the sole owner of CSA last April after former partner Vale SA, the world's No. 1 iron ore producer, exited for a token sum. Vale announced at the time that it would have the right to receive part of what ThyssenKrupp would ...

Structural Steel Market size is expected to reach USD 119.10 ...
Fri, 17 Feb 2017 03:45:00 GMT
Other players operating in the market include Baoganag Group, Valin Group, JSW Steel Ltd., Benxi Steel, Bohai Steel Group Co., Unites States Steel Corporation, Hebei Steel Group, ThyssenKrupp AG, Wuhan Iron & Steel (Group) Corp., Evraz Group, Ansteel Group ...

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....

Thyssenkrupp sees Steel Europe recovery later in year
Thu, 09 Feb 2017 00:00:00 GMT
FRANKFURT Reuters - German industrial group Thyssenkrupp (DE:TKAG) posted a 40 percent jump in first-quarter adjusted operating profit, in line with expectations, but said on Thursday it expected a...

Thyssenkrupp says must give Tata time to work out UK pensions
Thu, 09 Feb 2017 00:00:00 GMT
FRANKFURT Reuters - Tata Steel (NS:TISC) must be given time to work on a solution for its British steel pension liabilities in preparation for a possible merger with Thyssenkrupp's (DE:TKAG)...

Number of news reports: 15

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