Company News - ThyssenKrupp [more headlines]

Report: ThyssenKrupp inches closer to shedding Brazilian steel mill ...
Wed, 05 Jun 2013 22:19:44 +0100
ThyssenKrupp Hot-Dip Galvanizing Mill 2011 ThyssenKrupp Steel USA started up its hot-dip galvanizing mill in 2011. ThyssenKrupp employee Ken English gauges the thickness of a roll of ungalvanized steel at the front end of the mill Tuesday, April 5 ...


Elevators, steelmaker ThyssenKrupp announces job cuts, writedown ...
Wed, 15 May 2013 08:55:05 +0100
FRANKFURT - Steel and elevator maker ThyssenKrupp says it will cut 3,000 of its 15,000 office jobs over the next three years to streamline the company's administration. The company says the move is part of an effort to make its business structure more efficient and transparent. The jobs will be


ThyssenKrupp Posts Deep Net Loss on Renewed Steel Americas Charges ...
Wed, 15 May 2013 06:58:05 +0100
IBTimes.co.uk - FRANKFURT--German industrial conglomerate ThyssenKrupp AG (TKA.XE) said Wednesday a new substantial write-down on the value of steel plants in Brazil and the U.S., which the company has been trying to sell since last May, resulted in a considerably ...


ThyssenKrupp cuts Steel Americas value to 3.4 bln euros - Reuters
Wed, 15 May 2013 06:50:56 +0100
FRANKFURT May 15 (Reuters) - German steelmaker ThyssenKrupp has written down the book value of its Steel Americas business, which it has been trying to sell, to 3.4 billion euros ($4.4 billion) from 3.9 billion, it said in a presentation published on ...


Global economies on the mend: OECD - Channel News Asia
Tue, 14 May 2013 17:06:00 +0100
A worker welds steel tube on the floor of the HKM (Huettenwerke Krupp Mannesmann) steel plant in Duisburg, Germany. (AFP/File - Patrik Stollarz). prev; ENLARGE; next. PARIS: Global economies are on the mend, but growth is likely to remain below trend ...


ThyssenKrupp : Steel Americas sale talks ' intense ' - ...
Sat, 04 May 2013 11:05:57 +0100
domain-B - FRANKFURT--ThyssenKrupp AG's plan to sell state-of-the-art steel mills in Brazil and the U.S. appears to be nearing its end after the industrial conglomerate said Friday it is in "intense talks" and seeks to sign a deal in due course, while a person ...


ThyssenKrupp in Talks on Sale of Brazil, US Plants -
Fri, 03 May 2013 14:18:57 +0100
FRANKFURT—ThyssenKrupp AG is in talks with Brazilian steelmaker Cia. Siderúrgica Nacional over the sale of its two steel plants in the Americas for more than $3 billion, two people familiar with the matter said, a transaction that would allow it to ...


Thyssen mulls keeping part of Steel Americas - source - Reuters
Fri, 03 May 2013 12:01:38 +0100
U.S. Steel and Nucor have put in bids just for the U.S.-based steel mill, the sources familiar with the matter added. Ternium, which controls Brazilian steelmaker Usiminas, said earlier this week that it had pulled out of the bidding. Due to its ...


ThyssenKrupp: Steel Americas sale talks 'intense' - MarketWatch
Fri, 03 May 2013 11:14:27 +0100
FRANKFURT--ThyssenKrupp AG's plan to sell state-of-the-art steel mills in Brazil and the U.S. appears to be nearing its end after the industrial conglomerate said Friday it is in "intense talks" and seeks to sign a deal in due course, while a person ...


ThyssenKrupp aims for quick deal on Steel Americas - Reuters
Fri, 03 May 2013 07:56:43 +0100
DUESSELDORF, Germany May 3 (Reuters) - German steel group ThyssenKrupp aims to reach a deal on the sale of its loss-making Steel Americas business in the near future, a company spokesman said on Friday. The group is currently in "intensive ...


Steel prices have slumped sharply this month, prompting steelmakers ...
Fri, 26 Apr 2013 21:47:21 +0100
Steel prices have slumped sharply this month, prompting steelmakers (SLX) such as Nucor (NUE), ArcelorMittal (MT) and ThyssenKrupp to send out letters last week notifying customers that they would no longer offer discounts on index prices, WSJ reports.


EU may force Aperam to sell some steel assets if buys Italy mill ...
Mon, 22 Apr 2013 18:17:22 +0100
Finnish steelmaker Outokumpu has to sell the Acciai Speciali Terni (AST) stainless steel mill, one of Europe's most modern, by May to gain approval from competition authorities for the acquisition of Inoxum, ThyssenKrupp's stainless steel branch, and ...


Brazil's CSN rebids for ThyssenKrupp steel assets - source - ...
Fri, 19 Apr 2013 23:16:19 +0100
In recent months, CSN offered $3.8 billion for ThyssenKrupp's Steel Americas, which is comprised of a slab processing plant in the U.S. state of Alabama and a 73-percent stake in Brazilian slab-making mill CSA. Mining group Vale SA (VALE5.SA) holds the ...


Brazil's CSN resubmits offer for ThyssenKrupp assets -source ...
Fri, 19 Apr 2013 22:52:04 +0100
In recent months, CSN offered $3.8 billion for ThyssenKrupp's Steel Americas, which is comprised of a slab processing plant in Alabama and a 73 percent stake in Brazilian slab-making mill CSA. Mining group Vale SA holds the remaining 27 percent stake ...


Brazil's CSN resubmits offer for ThyssenKrupp assets -source ...
Fri, 19 Apr 2013 22:52:00 +0100
In recent months, CSN offered $3.8 billion for ThyssenKrupp's Steel Americas, which is comprised of a slab processing plant in Alabama and a 73 percent stake in Brazilian slab-making mill CSA. Mining group Vale SA holds the remaining 27 percent stake ...