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Tag Archives: Steel

Thyssenkrupp, Tata Steel Seal Joint Venture Joint Venture

FRANKFURT / DUSSELDORF (Reuters) – Germany's Thyssenkrupp ( TKAG.DE ) and India's Tata Steel ( TISC.NS ) signed a final agreement on Saturday for a long-awaited one establish steel joint venture, the largest transformation of the European steel industry for more than a decade. FILE PHOTO: Thyssenkrupp's logo can be seen near the elevator test tower in Rottweil, Germany, September …

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Thyssenkrupp, Tata Steel Seal Joint Venture Joint Venture

FRANKFURT / DÜSSELDORF (Reuters) – German Thyssenkrupp and Indian Tata Steel signed a definitive agreement on Saturday to build a long-awaited steel joint venture, the biggest change in the European steel industry for more than a decade. FILE PHOTO: A company logo in front of the Tata Steelworks near Rotherham in the UK, March 30, 2016. REUTERS / Phil Noble …

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Tata Steel and Thyssenkrupp merger welcomed by the unions

image copyright Getty Images Caption Tata owns Britain's largest steel mill in Port Talbot Unions have welcomed a merger between Tata Steel and Thyssenkrupp, which will produce the second largest steel producer in Europe. The merger integrates Tata's UK plants into a pan-European company that includes the largest steel mill in the UK in Port Talbot Tata said his "ambition" …

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Tata Steel says 4,000 jobs at ThyssenKrupp Venture

Josh Spero in London and Jessica Dye in New York 30. June 2018 Print this page Tata Steel, who has just signed a joint venture with German ThyssenKrupp to bundle their European steel operations, said there would be 4,000 jobs in the combined business, but none would be required. [19659005] Hans Fischer, the European Managing Director, said that 2,000 jobs …

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Thyssenkrupp, Tata Steel, joint venture with steel brands

FRANKFURT / DÜSSELDORF (Reuters) – German Thyssenkrupp and Indian Tata Steel signed a definitive agreement on Saturday to build a long-awaited steel joint venture, the biggest change in the European steel industry for more than a decade. FILE PHOTO: A company logo in front of the Tata steel mill near Rotherham in the UK, March 30, 2016. REUTERS / Phil …

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Canadian unions welcome countermeasures, welcome the support of steel and aluminum workers

OTTAWA, JUNE 29, 2018 (GLOBE NEWSWIRE) – Canadian unions are pleased with the strong countermeasures announced today by the federal government to support workers in the steel and aluminum industries. The countermeasures are a direct response to the recent US-imposed illegal, unjustified and unjustified tariffs on steel and aluminum. "We support the Federal Government's countervailing duties in retaliation for American …

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Steel tariffs set the largest US nail manufacturer "endangered"

Steel tariffs could force country's largest nail manufacturer to close or pull to Mexico The Mid-Continent nail factory in Poplar Bluff, Missouri, placed 60 of its 500 Workers last week for increased steel costs. The company blames the 25 percent duty on imported steel. New nail orders dropped 50% after the company raised its prices for higher steel costs. The …

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US tariffs supply the Canadian oil sector with Asian steel

WINNIPEG, Manitoba / TORONTO (Reuters) – Steel tubes used to drill and transport crude oil in Canada show how US President Donald Trump has pushed steel markets from Asia to Europe with steel tariff producers. Workers are seen at Bri-Steel Manufacturing, a manufacturer and distributor of seamless steel tubes, in Edmonton, Alberta, Canada, on June 21, 2018. REUTERS / Candace …

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GFG Alliance to revive aging steel plants buy stressed equipment with 5-dollar boxes

Liberty House Group, a UK-based firm owned by India-born British businessman Sanjeev Gupta, which also contests overstretched assets in India, announced Monday its US entry through the reopening of a South Carolina steel mill. Liberty House is part of the global industrial group GFG Alliance, which claims to have invested billions in the future of industrial equipment in the UK, …

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The steel plant in Georgetown reopens after almost three years

The Georgetown steel plant is officially open and operational after nearly three years of construction. People celebrated Monday's opening of Liberty Steel Georgetown. The steel plant was officially closed in 2015, leaving more than 200 people unemployed. Liberty House, based in London, completed the property in April 2017. On Monday, the GFG Alliance, which owns Liberty House and was renamed …

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