Steel Times International News
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Outokumpu completes ThyssenKrupp Inoxum amalgamation
Finnish stainless steel producer, Outokumpu and the German steelmaker, ThyssenKrupp AG have completed the amalgamation of their stainless steel activities with the acquisition of ThyssenKrupp Inoxum by Outokumpu.
03 January 2013 -
Watchdog fines Korean steelmakers for price fixing
South Korea’s state-run antitrust watchdog has imposed a combined fine of almost 300bn won ($281M) on seven steelmakers for fixing prices of their steel products.
02 January 2013 -
Indonesia calls for duty on steel imports
The Indonesia Anti-Dumping Committee (KADI) says it will ask the government to impose antidumping duties of up to 68% on imported cold rolled coil and sheet steel to stop dumping.
02 January 2013 -
Krakatau Steel to make auto steels in jv with Japanese
Indonesia’s largest steelmaker PT Krakatau Steel (KRAS) and its Japanese partner, Nippon/Sumitomo Steel, will set up a new factory to produce cold-rolled coil (CRC) and galvanized CRC to meet the steel demand from the country’s fast-growing automotive industry.
02 January 2013 -
Alberto Iperti new CEO Tenova
Alberto Iperti succeeds Gianluigi Nova as Chief Executive Officer of Tenova. Mr Nova will continue his collaboration on the Tenova Board.
02 January 2013 -
November crude steel up 5% y-o-y
World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 122 million metric tonnes (Mt) in November 2012, an increase of 5.1% compared to November 2011.
02 January 2013