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Steel news - Europe - European Union

Steel groups urge expanded efforts addressing steel crisis
Thu, 22 Oct 2020 00:00:00 GMT
Steel industry associations in the Americas, Europe, Asia and Africa today renewed their call for governments of steel-producing economies to intensify their work in the Global Forum on Steel Excess Capacity

Thyssenkrupp steel feels the heat as European industry finds ...
Tue, 20 Oct 2020 03:53:00 GMT
German industrial giant Thyssenkrupp wants to sell its struggling steel business although what deal will be done remains uncertain. What is clear is that the steel business in Europe as a whole is

Liberty Steel makes non-binding offer for Thyssenkrupp steel ...
Fri, 16 Oct 2020 09:22:06 GMT
FRANKFURT Reuters - Privately-held Liberty Steel has made a non-binding offer for the steel unit of German conglomerate Thyssenkrupp (DE:TKAG), the group said on Friday. Liberty Steel is

Commercial Metals (CMC) Earnings & Sales Top Estimates in ...
Fri, 16 Oct 2020 00:00:00 GMT
Commercial Metals (CMC) expects solid steel demand, driven by recovery in construction sector and rebound in Central European industrial

Not a zombie Thyssenkrupp workers want fast steel rescue decision
Fri, 16 Oct 2020 00:00:00 GMT
The German government must swiftly decide on whether it is prepared to take a stake in Thyssenkrupps ailing steel business, one of the firms labour leader said, adding steel remained a vital product for the countrys car sector. Steel is anything but dead, Tekin Nasikkol, who chairs the works council of Thyssenkrupps steel unit and is on the conglomerates supervisory board, told Reuters - . I believe a government stake is the right response to the crisis. Nasikkol echoed a demand by IG

National Federations discussed the distribution of steel in their ...
Fri, 16 Oct 2020 00:00:00 GMT
EUROMETAL participated in a meeting with national federations this Thursday 15th of October. Nine federations participated at the online meeting among 17 registered. The meeting started by a presentation on Circular Steel Construction in the Netherlands followed by a round table on the situation of Steel Distribution in each country

Liberty makes non-binding offer to acquire thyssenkrupp steel
Fri, 16 Oct 2020 00:00:00 GMT
Liberty Steel has made a non-binding indicative offer to acquire the steel unit of thyssenkrupp, the rapidly-expanding steel group confirms. The offer is supported by a number of financial institutions. Liberty says it wants to intensify the dialogue with thyssenkrupp and to engage in further due diligence to present a potential binding offer. With

Liberty Steel set to bid for Thyssenkrupp steel unit - source
Thu, 15 Oct 2020 21:22:04 GMT
FRANKFURT/DUESSELDORF Reuters - Privately-held Liberty Steel Group is set to make a bid for the ailing steel unit of Germany's Thyssenkrupp (DE:TKAG) as soon as Friday, a source close to

Government stake is one of several options - Thyssenkrupp CEO
Mon, 12 Oct 2020 11:22:27 GMT
DUESSELDORF Reuters - Thyssenkrupp (DE:TKAG) will consider all options, including the government taking a stake, in its plans to fix its ailing steel unit, Chief Executive Martina Merz said.

Schwarzwald Eisen acquires two rebar shops
Fri, 09 Oct 2020 00:00:00 GMT
German steel distributor Schwarzwald Eisen has taken over the two rebar operations ofStober, a wholesaler of building materials and sanitary equipment based in Karlsruhe. Several weeks ago, Schwarzwald Eisen announced the takeover of one of Stobers bending shops, in Kippenheim, Baden Wrttemberg state. And we have just taken the second step, with the acquisition

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Steel industry news headlines from Europe.