Tag Archives: STEEL

Daimler AG joins the Responsible Cobalt Initiative, the Responsible Mineral Initiative, the Responsible Steel Initiative and the Aluminium Stewardship Initiative

Daimler increases transparency in the raw material supply chain by joining the Responsible Cobalt Initiative, the Responsible Mineral Initiative, the Responsible Steel Initiative and the Aluminium Stewardship Initiative. Renata Jungo Brüngger, Member of the Board of Management of Daimler AG … Read the full press release

Tata Steel and thyssenkrupp AG to combine their European steel businesses in a 50/50 joint venture

Agreement to combine European steel operations in 50/50 joint venture thyssenkrupp Tata Steel Proposed new company to focus on quality and technology leadership Expected annual synergies of €400-€500 million plus synergies in capex and working capital optimization confirmed by due … Read the full press release

Triton successfully completes sale of Ovako AB to Nippon Steel & Sumitomo Metal Corporation

STOCKHOLM/ TOKYO, Japan, 04-Jun-2018 — /EuropaWire/ — Funds advised by Triton (“Triton”) have successfully completed the sale of Ovako AB (“Ovako”), a leading European producer of engineering steel to, Nippon Steel & Sumitomo Metal Corporation (“NSSMC”), one of the world’s largest … Read the full press release

ArcelorMittal: merger clearance by the European Commission for AM Investco Italy Srl’s proposed acquisition of Ilva S.p.A

LUXEMBOURG, 08-May-2018 — /EuropaWire/ — ArcelorMittal (‘the Company’) announces that it has been granted merger clearance by the European Commission (‘EC’ or ‘the Commission’) for AM Investco Italy Srl (AM Investco)’s proposed acquisition of Ilva S.p.A (Ilva). EC merger clearance … Read the full press release

ArcelorMittal Chairman Lakshmi Mittal: We believe that ArcelorMittal, together with NSSMC, has the most relevant credentials and experience and is the most credible owner for Essar Steel

LUXEMBOURG, 05-Apr-2018 — /EuropaWire/ — ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation (‘NSSMC’) announce that ArcelorMittal’s subsidiary ArcelorMittal India Private Limited (‘AMIPL’) has today submitted an offer in the re-bidding process for Essar Steel India Limited (‘Essar Steel’) in connection … Read the full press release

Four innovative design concepts that utilize high-strength steel nominated for the Swedish Steel Prize 2018

The Swedish Steel Prize 2018 finalists have been named, revealing four innovative design concepts that utilize high-strength steel to achieve the highest possible performance. The winner will be announced at a ceremony in Stockholm on May 24. STOCKHOLM, 28-Mar-2018 — … Read the full press release

Colin Smith to succeed Alan Begg as board director at NV Bekaert SA

The Board of Directors of NV Bekaert SA is proud to announce the nomination of Mr Colin Smith for appointment by the Annual General Meeting of Shareholders of 9 May 2018. He will replace Mr Alan Begg whose term of … Read the full press release

ArcelorMittal signed a US$6,000,000,000 Revolving Credit Facility to be used for general corporate purposes of ArcelorMittal group

Luxembourg, 5-5-2015 — /EuropaWire/ — On 30 April 2015, ArcelorMittal signed a US$6,000,000,000 Revolving Credit Facility (incorporating 3 and 5 year tranches) (the “Facility”). The Facility will replace the US$2,400,000,000 revolving credit facility agreement dated 6 May 2010 and the … Read the full press release

ArcelorMittal announced its financial calendar for 2014

Luxembourg, 20-12-2013 — /EuropaWire/ — ArcelorMittal today announces its financial calendar for 2014. Earnings results announcements: 7 February 2014 Earnings Release Q4 2013 + FY 2013 9 May 2014 Earnings Release Q1 2014 1 August 2014 Earnings Release Q2 2014 7 November … Read the full press release

ArcelorMittal released its HY 2013 report, recasts its 2012 annual report on Form 20-F

Luxembourg, 05-8-2013 — /EuropaWire/ — ArcelorMittal has published today its Half-Year Report for the six month period ended 30 June, 2013 (“HY Report”). As a result of the adoption and early adoption of new IFRS accounting standards as of 1 January … Read the full press release

SCM Group and SMART Group transferred blocks of shares in five assets to Metinvest B.V., the parent company of steel and mining group of companies

22-7-2013 — /EuropaWire/ — Metinvest B.V., the parent company of an international vertically integrated steel and mining group of companies (jointly referred to as “Metinvest” or “Metinvest Group”), today announced that as part of ongoing business restructuring, SCM Group, as envisaged … Read the full press release

Aerospace materials and logistics provider ThyssenKrupp Aerospace moved to new building near Marseille, France

21-6-2013 — /europawire.eu/ — Aerospace materials and logistics provider ThyssenKrupp Aerospace has moved to a new building at Vitrolles near Marseille, mainly dedicated to supporting a major customer in the area. During the official inauguration event on June 11nd, ThyssenKrupp … Read the full press release

Klöckner & Co Q1 2013 results announced

Turnover down 11.4% to 1.6 million tons and sales down 16.5% to approximately €1.6 billion Gross profit of €303 million down 11.9% on the prior-year figure (€344 million) due to lower turnover and prices; gross profit margin improved from 17.7% … Read the full press release

EC puts forward action plan to help the European Steel Industry

Brussels, 12-6-2013 — /europawire.eu/ — The European Commission today put forward an action plan for the European Steel Industry to help this sector confront today’s challenges and lay the foundations for future competitiveness by fostering innovation, creating growth and jobs. For the … Read the full press release

Commission starts preparing steel action plan

Brussels, 10-12-2012 — /europawire.eu/ — Commissioner Antonio Tajani met today with representatives from the Steel Industry and the Social Partners in the second meeting of the High-level Roundtable on the future of the European Steel Industry. Stakeholders were invited to present and discuss specific policy recommendations … Read the full press release