Steel News

European Commission Sets April Deadline for Review of Tata-thyssenkrupp Joint Venture

15 January 2019 - European Union competition regulators have extended the timeframe in which they expect to complete a review of Tata Steel and thyssenkrupp’s planned European joint venture, news and commodities pricing service S&P Global Platts reports.

Researchers Take a Step Forward in Creating Circular Carbon Economy

14 January 2019 - thyssenkrupp’s Carbon2Chem project has reached a technical milestone, successfully converting mill off-gases into ammonia at a research center in Duisburg, Germany, project leaders have announced.

Here's Who Tata Steel and thyssenkrupp Have Named to Lead Their European Joint Venture

17 December 2018 - Tata Steel and thyssenkrupp have assembled the senior leadership team for their planned European joint venture, naming a thyssenkrupp executive to oversee an entity that will be Europe’s second-largest steelmaker.

European Regulators Taking a Closer Look at Tata-thyssenkrupp Deal

30 October 2018 - The European Commission has opened an in-depth assessment of thyssenkrupp and Tata Steel Europe’s planned joint venture.

thyssenkrupp Announces Plans to Split into Two

02 October 2018 - thyssenkrupp AG’s supervisory board has unanimously approved a plan to split the company into two independent entities, one that would manage its steel and materials business and another that would focus on capital goods.

thyssenkrupp Reveals Plans for 10th Galvanizing Line

04 September 2018 - thyssenkrupp will add a new hot-dipped galvanizing line to its Dortmund plant in Germany, the company has said.

thyssenkrupp CEO Tenders Resignation

05 July 2018 - Just days after signing an agreement that will combine the European steelmaking operations of India’s Tata Steel and Germany’s thyssenkrupp, thyssenkrupp chief executive Heinrich Hiesinger has asked to step down.

Tata, thyssenkrupp Shake Hands on European Joint Venture

02 July 2018 - After more than two years of negotiations, India’s Tata Steel and Germany’s thyssenkrupp have agreed to combine their European steel business through a 50-50 joint venture.

Report: thyssenkrupp Takes Another Look at Tata Steel Europe Deal

13 June 2018 - Tata Steel and thyssenkrupp are said to be revisiting the terms of their proposed European joint venture on account of a valuation gap that has opened up between the two businesses, reports Germany’s Handelsblatt business newspaper.

Tata Steel Europe Employees Not Sold on Potential thyssenkrupp Joint Venture

12 June 2018 - Tata Steel’s European works council has raised new doubts over the combination of the steelmaker’s European strip business with thyssenkrupp’s steel division, making it less likely that a deal will come to fruition by the end of the month, reports the Reuters news service.

thyssenkrupp-Tata Tie-Up on Track for June Signing

15 May 2018 - Germany’s thyssenkrupp expects to sign the agreement to merge its steel division with Tata Steel’s European strip business by the end of June, reports S&P Global Platts.

Labor Talks Delay thyssenkrupp, Tata Steel Tie-Up

12 April 2018 - Ongoing labor negotiations between Tata Steel and its workers in the United Kingdom and the Netherlands are delaying its planned joint venture with Germany’s thyssenkrupp, reports the Reuters news service.

Report: Tata Receptive to Holding Majority Share in thyssenkrupp Joint Venture

06 April 2018 - Tata Steel is open to taking a majority stake in its planned joint venture with thyssenkrupp, a sign that the Indian steelmaker is committed to growing internationally, reports the Reuters news service.

German Labor Union Raises New Concern Over Tata-thyssenkrupp Joint Venture

29 March 2018 - A new obstacle is emerging in the planned Tata Steel-thyssenkrupp AG joint venture, as German unions are voicing displeasure over a labor guarantee that Tata’s Dutch unit could continue to operate independently past the tie-up.

thyssenkrupp Workers OK Joint Venture Labor Deal

06 February 2018 - Rank-and-file members of German labor union IG Metall have overwhelmingly approved a labor agreement on the proposed joint venture between Tata Steel’s European strip business and thyssenkrupp’s steelmaking business.

thyssenkrupp, Union Reach Deal on Steel Joint Venture

26 December 2017 - Germany’s thyssenkrupp AG has come to terms on a labor agreement with its union workforce, a critical step toward finalizing the joint venture combination of its steelmaking business with Tata Steel Ltd.'s European operations.

Tata Executive: Spinoff of Merged European Business Will Be Later, Not Sooner

16 October 2017 - An anticipated spinoff of Tata Steel and thyssenkrupp’s European joint venture won’t happen for another two to three years, reports the Reuters news service.

Official: Despite Opposition, Deal Between thyssenkrupp Management, Labor Over Tata Merger Is Attainable

04 October 2017 - The premier of thyssenkrupp’s home state, North Rhine-Westphalia in Germany, said he believes a deal between the company and its union employees could be reached over the proposed combination of its steel unit with Tata Steel, according to the Reuters news service.

Report: In Tata-thyssenkrupp Combination, the Hammer Might Fall Hard on Port Talbot Works

02 October 2017 - As Tata Steel moves to combine its European strip operations with Germany’s thyssenkrupp, Tata’s integrated Port Talbot Works is likely to bear the brunt of cost reductions through the merger and in the event of an industry downturn, reports the Reuters news service.

Tata, thyssenkrupp Set Framework for Combining Steel Operations

20 September 2017 - Tata Steel and thyssenkrupp have signed a preliminary agreement to combine their European steel operations, creating a 50-50 joint venture that would be Europe’s second-largest steelmaker behind ArcelorMittal.