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...Thomas Conway, USW president, said in an August 13 letter to members that “Cliffs did not cut union jobs” after buying AK Steel and ArcelorMittal USA and that the 11,000 unionised workers at US Steel would...
...The talks began when the metals magnate was looking to pull off one of his biggest deals to date, with an audacious bid to acquire Thyssenkrupp’s steel business....
...Green steel sharply cuts carbon emissions by using clean hydrogen to power a refining process called direct reduced iron....
...While the talks with Brookfield had begun when Gupta was looking to buy Thyssenkrupp’s steel business, in what would have been one of his biggest deals yet, he was still looking to borrow the money after...
...Just this month his private company Liberty Steel made a bold play for Thyssenkrupp’s ailing steel division....
...This month the self-styled industrialist made his boldest move yet, with a bid of an undisclosed price for the ailing steel division of German conglomerate Thyssenkrupp....
...(Bloomberg) News round-up Thyssenkrupp ends talks with Gupta’s Liberty over steel unit (FT) Top Deutsche banker wooed clients for Wirecard months before collapse (FT) Crispin Odey ‘lunged’ at female...
...A version of this article was first published by the Nikkei Asian Review on July 25 2020. @2020 Nikkei Inc. All rights reserved....
...The $16bn race to buy Thyssenkrupp’s elevator unit may reach its conclusion while the conference is under way....
...steel unit (FT) Ex-Tiger Global executive looks at raising second $1bn fund in year (FT)...
...The steel-to-submarines conglomerate is trying to raise cash to bring down debt and fund a restructuring of its operations, having been hit by the weakening German economy....
..., or Germany Inc, a person close to the former Bosch manager said....
...and Tata Steel merger (FT) Sports Direct launches legal challenge to Debenhams’ restructuring (FT) Uber chief executive laments U.S. trade policy for lackluster IPO (Reuters) UK’s Compass Group to buy...
...GFG did not disclose the revenues or earnings of KCI, which is being acquired through its existing Liberty Steel USA company, but said it had been “consistently profitable”....
...“The president was just trying to save the US aluminium and steel industry,” said one approvingly....
...Steel and ThyssenKrupp sought to cut costs....
...executive of NLMK USA, a Russian-owned steel producer employing 1,060 people in Pennsylvania and Indiana....
...Tata and ThyssenKrupp agree Europe steel tie-up Germany’s ThyssenKrupp and India’s Tata Steel agreed to merge their steelmaking operations in Europe in an attempt to cut costs and focus on higher-quality...
...The deal comes less than a month after Tata Steel agreed to merge its European business with Germany’s ThyssenKrupp....
...Tata has written down the value of its UK steel assets to almost zero and is exploring a merger of its European business — which also includes profitable assets in the Netherlands — with German peer ThyssenKrupp...
...Mr Gupta’s ambition to acquire the UK’s biggest steelmaker appeared thwarted this month, when its Indian parent said it was in talks over a possible tie-up of its European operations with German rival ThyssenKrupp...
...If oil and steel were the resources that defined the 20th century, then spectrum is the commodity that will be needed to deliver the digital economy....
...When it studied 11 airports in Germany, northern France and Belgium, the slow pace in this former steel town meant little congestion, giving TNT the freedom to pick and choose time slots for its flights....
...On the eve of its stock market flotation, an (unnamed) American company approached Mark Bray, who lives in Sheffield, the steel town in the north of England....
...A coalition of groups including the National Association of Manufacturers, the American Petroleum Institute, the American Chemistry Council and the American Iron and Steel Institute, made a joint submission...
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