steel
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News
UK accelerates major steel industry consultation in response to US tariffs
LONDON: Britain published a major consultation for its steel industry on Sunday (Feb 16), weeks ahead of schedule due to…
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Germany
Thyssenkrupp announces lower sales as shake-up plans proceed
Earnings increased despite weaker sales, thanks to the German firm’s efficiency drive. Meanwhile, Thyssenkrupp’s military-related units expect a boost from…
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Germany
Thyssenkrupp’s steel division sees valuation slump
The unit has suffered from rocky economic conditions, fierce competition from Asian manufacturers, and a pressure to decarbonise. ADVERTISEMENT Thyssenkrupp…
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Germany
EU car and steel industries call to avoid US tariffs
A recent study found that 186,000 jobs could be lost in the European automotive industry over the next decade. ADVERTISEMENT…
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Germany
German steelmaker ThyssenKrupp holding major restructuring talks
The firm’s supervisory board will discuss the independence of its steel division in the face of fierce competition from Asia…
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News
Kazakhstan mourns for 42 dead in ArcelorMittal mine disaster
KARAGANDA: Kazakhstan held nationwide mourning on Sunday (Oct 29) after 42 people died in a blaze at an ArcelorMittal mine,…
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