Thyssenkrupp posts $2.3 billion impairment on steel division

[ad_1] Steel coils are waiting for delivery at the storage and distribution facility of German steel maker ThyssenKrupp in Duisburg, Germany, November 16, 2023. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing Rights…

Brazil’s Vale creates company to sell sand from iron ore tailings

[ad_1] RIO DE JANEIRO, Oct 17 (Reuters) – Brazilian miner Vale (VALE3.SA) said on Tuesday it has created a company that will sell and distribute sand obtained from its iron…

Sweden’s H2 Green Steel raises $1.6 billion for Boden plant

[ad_1] OSLO, Sept 7 (Reuters) – H2 Green Steel has raised equity funding of about 1.5 billion euros ($1.6 billion) to build the world’s first large-scale green steel plant, the…

Saudi’s SABIC to sell steel unit Hadeed to PIF for $3.3 billion

[ad_1] DUBAI, Sept 3 (Reuters) – Saudi Basic Industries Corp (2010.SE) said on Sunday it had agreed to sell subsidiary Saudi Iron and Steel Company (Hadeed) to the Public Investment…

US Steel to explore strategic alternatives after unsolicited bids

[ad_1] Steel workers at U.S. Steel Granite City Works in Granite City, Illinois, U.S., May 24, 2018. REUTERS/Lawrence Bryant/File Photo Aug 13 (Reuters) – United States Steel (X.N) said on…

Thyssenkrupp Nucera to supply electrolysis plant in Sweden

[ad_1] A general view of the ThyssenKrupp headquarters in Essen, Germany, November 17, 2022. REUTERS/Thilo Schmuelgen/File Photo STOCKHOLM, May 22 (Reuters) – IPO candidate Thyssenkrupp Nucera (TKAG.DE) will supply more…

9-year-old Sault Ste. Marie girl publishes book on starting a business

[ad_1] Published June 11, 2023 5:41 p.m. ET Click to Expand Hannah Buconjic is an entrepreneur, philanthropist and published author that lives in northern Ontario and is not even 10…

Emirates Steel Arkan considers Thyssenkrupp steel stake -Bloomberg News

[ad_1] April 26 (Reuters) – Emirates Steel Arkan (EMSTEEL.AD) is considering a potential investment in Thyssenkrupp’s (TKAG.DE) steel business and could make a formal bid in the coming months, Bloomberg…

Thyssenkrupp’s restructuring plan has ‘failed’, labour bosses say

[ad_1] FRANKFURT/DUESSELDORF, March 31 (Reuters) – German industrial group Thyssenkrupp’s (TKAG.DE) powerful labour representatives lashed out at leadership on Friday, demanding a strategic roadmap while saying that CEO Martina Merz’s…

Japan’s Nippon Steel to cut its stake in Brazilian Usiminas for Ternium

[ad_1] TOKYO, March 30 (Reuters) – Japan’s Nippon Steel (5401.T) said on Thursday it would cut its stake in the Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas) (USIM5.SA) to…