ThyssenKrupp Steel USA
Latest News
With a Deal to Divest Its Brazilian Mill, thyssenkrupp Exits Steelmaking in the Americas
22 February 2017 - thyssenkrupp AG is ending its decade-long steelmaking venture in the Americas, agreeing to sell its integrated mill in Brazil to Latin American producer Ternium for US$1.33 billion (EUR1.26 billion).
AM/NS Calvert Announces New President for Acquired Facility
25 March 2014 - Joint venture partners ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation (NSSMC) announced the recent appointment of Chris Richards to president of the newly created AM/NS Calvert, a state-of-the-art carbon steel processing facility in Calvert, Ala.
Acquisition of ThyssenKrupp Steel USA Completed
27 February 2014 - ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation (NSSMC) have completed the acquisition of ThyssenKrupp Steel USA, having received all necessary regulatory approvals.
ArcelorMittal Announces Antitrust Clearance for ThyssenKrupp Steel USA Acquisition
30 January 2014 - ArcelorMittal and Nippon Steel & Sumitomo Metal Corp. are one step closer to acquiring ThyssenKrupp Steel USA.
USW Issues Statement on ThyssenKrupp Steel USA Acquisition
05 December 2013 - The United Steelworkers (USW) issued the following statement regarding the acquisition of ThyssenKrupp Steel USA by a joint venture of ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation.
ArcelorMittal and Nippon Steel & Sumitomo Metal to Acquire ThyssenKrupp Steel USA
01 December 2013 - ArcelorMittal and Nippon Steel & Sumitomo Metal Corp. (NSSMC) have entered into a 50/50 joint venture partnership to acquire 100% of ThyssenKrupp Steel USA from ThyssenKrupp for an agreed price of US$1.55 billion.
Reuters: Steel Americas Cloud Hangs Over Germany's ThyssenKrupp
12 August 2013 - Pressure is growing on ThyssenKrupp to shore up its strained balance sheet by raising new capital as talks on selling its loss-making steel mills in the Americas drag on, according to a Reuters report.
ThyssenKrupp Profit Falls as Slowdown Cuts Demand
12 February 2013 - ThyssenKrupp AG, Germany’s biggest steelmaker, said profit slumped 38 percent in the fiscal first quarter as the global economic slowdown eroded demand, Bloomberg reports.
ThyssenKrupp Steel Americas Bidders Team Up, Sources Say
11 February 2013 - Bidders competing for ThyssenKrupp AG's loss-making U.S. and Brazilian steel mills are teaming up in an effort to make the investment more digestible, according to people familiar with the transaction, Reuters reports.
ArcelorMittal Interested in ThyssenKrupp's Alabama Mill
09 January 2013 - ArcelorMittal has submitted a bid to ThyssenKrupp AG that reflects its interest in purchasing the German steelmaker's steel plant in Calvert, Ala., according to the company's CFO, Dow Jones Newswires reports.
ThyssenKrupp Stainless USA Changes Name to Outokumpu Stainless USA; Seeks to Fill 150 New Positions
08 January 2013 - As a result of the sale of ThyssenKrupp’s stainless unit to Outokumpu, ThyssenKrupp Stainless USA has changed its name to Outokumpu Stainless USA and is looking to fill 150 new full time positions.
ThyssenKrupp Stainless USA Changes Name to Outokumpu Stainless USA; Seeks to Fill 150 New Positions
08 January 2013 - As a result of the sale of ThyssenKrupp’s stainless unit to Outokumpu, ThyssenKrupp Stainless USA has changed its name to Outokumpu Stainless USA and is looking to fill 150 new full time positions.
ThyssenKrupp Stainless USA Fires Up Melt Shop; Calvert Site Now Fully Operational
10 December 2012 - The official startup of ThyssenKrupp Stainless USA's melt shop occurred today on the second anniversary of the Calvert, Ala., production site’s official grand opening in December 2010, fulfilling the site’s capabilities as a fully integrated stainless steel manufacturing facility.
CSN Said to Offer US$3 Billion for ThyssenKrupp Plants
04 December 2012 - Cia. Siderurgica Nacional SA, Brazil’s third-largest steelmaker by output, offered about US$3 billion to buy the two ThyssenKrupp AG’s plants in the Americas, according to two people familiar with the matter, Bloomberg reports.
ThyssenKrupp Seeks $8.8 Billion for U.S., Brazil Mills: Report
28 August 2012 - German steelmaker ThyssenKrupp plans to sell its U.S. and Brazilian mills separately for at least the book value, which is about 7 billion euros ($8.8 billion), its chief executive has told German newspaper Welt am Sonntag.
ThyssenKrupp Steel USA to Temporarily Shut Down Production Due to Tropical Storm
27 August 2012 - ThyssenKrupp Steel USA in Calvert, Ala., said it will shut down operations by 6 p.m. on 27 August 2012 due to Tropical storm Isaac.
Report: ThyssenKrupp Wants Plant Offers by 28 September
24 August 2012 - ThyssenKrupp AG is inviting non-binding offers of purchase by 28 September for its plants in Calvert and Brazil, according to Brazil's Valor Economico business newspaper, as reported by Dow Jones Newswire.
Alabama Environmental Agency to Fine ThyssenKrupp Steel USA
15 August 2012 - The Alabama Department of Environmental Management is proposing to issue a fine to ThyssenKrupp Steel USA for several safety violations.
ThyssenKrupp Says It Will Reduce Workforce
13 August 2012 - ThyssenKrupp Steel USA said on 13 August that it will reduce the current workforce of its Calvert, Ala., plant by 197, of which 143 are hourly positions.
ThyssenKrupp Reports Results for First Nine Months of Fiscal Year
13 August 2012 - Low volumes and prices in ThyssenKrupp's materials business caused declines in orders from continuing operations and sales as the German company reported its earnings results for the period 1 October 2011 to 30 June 2012.
