The development assumes significance in the domestic steel industry as a fruitful result of the experiment would break the monopoly of Australia in coking coal supply to
Italian economic development minister Stefano Patuanelli says the government will be a majority shareholder in former steelmaker Ilva, now ArcelorMittal Italia. During televised question time at the Italian Chamber of Deputies, followed byKallanish, Patuanelli said the government will be a significant presence. It will guarantee employment, a greener Ilva and the sustainability of the
Thyssenkrupp has limited time left to find a potential buyer for its heavy plate plant, which is under threat of shutdown next year, the companys executives toldKallanishduring the groups annual conference on Thursday. This comes after talks with various parties to sell the unit have so far failed. The sales process for the unit
Thyssenkrupp has limited time left to find a potential buyer for its heavy plate plant, which is under threat of shutdown next year, the companys executives toldKallanishduring the groups annual conference on Thursday. This comes after talks with various parties to sell the unit have so far failed. The sales process for the unit
IndustriALL, the European association of trade unions, has issued a letter calling for the European Union to develop a new steel action plan, taking into account the Covid-19 pandemic. European authorities previously approved a steel action plan in 2013. This touched on many important aspects including a level playing field and the supply of
By Christoph Steitz and Tom Kckenhoff FRANKFURT/DUESSELDORF Reuters - German conglomerate Thyssenkrupp (DE:TKAG) plans to cut another 5,000 jobs to stem losses across its sprawling empire
By Christoph Steitz and Tom Kckenhoff FRANKFURT/DUESSELDORF Reuters - German conglomerate Thyssenkrupp (DE:TKAG) plans to cut another 5,000 jobs to stem losses across its sprawling empire
TEHRAN- The head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that 157 idle small-scale mines have been revived throughout the country since the beginning of the current Iranian calendar year (March
US steel producer Nucor is leaving its Italian joint venture with Doferdofin, part of Duferco, 12 years from its creation,Kallanishlearns from Duferco. The parties have come to an amicable agreement that will see Duferco buying Nucors 50% share of Duferdofin, becoming the sole shareholder of the company. Duferco has confirmed the 180 million ($212m)