Tag: ThyssenKrupp AG
ThyssenKrupp AG has announced plans to reduce its planned capacity at a unit of its Alabama stainless project by more than two thirds to help curb costs.
ThyssenKrupp AG had denied that it was considering making a takeover offer for US-based competitor AK Steel Holding Corp.
ThyssenKrupp AG said it expects Mittal Steel to honour the agreement reached in January under which the German steel maker would acquire Arcelor’s recently acquired Dofasco in the event of a successful takeover of Arcelor by Mittal Steel.
German steelmaker ThyssenKrupp AG is reconsidering its proposed acquisition of Canadian steel company Dofasco Inc. as part of a new corporate strategy, a board member said 1 March 2006.
ThyssenKrupp AG’s Acciai Speciali Terni unit will increase its base prices for cold-rolled stainless steel flat products in March by EUR 50 per metric tonne.
The Executive Board of ThyssenKrupp AG has announced that ThyssenKrupp has signed an agreement with Mittal Steel Co. Ltd. Under this agreement, Mittal Steel offers ThyssenKrupp AG the opportunity to acquire Dofasco in the event of a takeover of Arcelor.