Steel Times International News
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MMK increases steel shipments to CLAAS
Russian steelmaker MMK’s Trading House continues to increase shipments of high-tensile steel used in the production of TUCANO combine harvesters at the CLAAS factory in Krasnodar Territory, Russia. In fact, 70% of the components now used in these machines are made from Russian steel, claims MMK.
05 July 2016 -
US consultants advise ArcelorMittal in the joint bid for steelmaking group Ilva S.p.A.
Cleary Gottlieb is advising the leading steelmaking group ArcelorMittal in the joint bid with Marcegaglia S.p.A. for the acquisition of the assets owned by the Italian steelmaking group Ilva S.p.A., which include the largest steelmaking plant in Europe, located in Taranto.
01 July 2016 -
'Brexit' will unsettle the European stainless steel market, says MEPS
Following the result of last week’s referendum – the decision for the United Kingdom to leave the European Union – questions arise concerning how the stainless steel market will be affected, both in the UK and elsewhere.
30 June 2016 -
'Brexit' confusing Tata Steel bidding process
So-called ‘Brexit’ is delaying the next stage in selling Tata Steel’s UK operations, claims a report by the BBC.
28 June 2016 -
NSMMZ renamed NLMK Ural
NSMMZ (Nizhniye Sergi), part of NLMK Group’s Long Products Division, has been renamed JSC NLMK Ural. The company operates from three production sites in the Sverdlovsk region of the Urals.
28 June 2016 -
World crude steel production down 0.1%
World crude steel production reached 139Mt for May 2016, down 0.1% when compared to May last year, according to figures released by the World Steel Association (worldsteel) and based on figures submitted by the 66 countries reporting to worldsteel.
27 June 2016
