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Tata Steel, ThyssenKrupp merger would have spiked steel prices: EU

The Commission, the executive arm of the 28-member European Union (EU), formally tabled its decision this week after ThyssenKrupp announced its decision to withdraw from the joint venture plans last month in anticipation of the EU ruling.

Jun 13, 2019, 18:00 PM IST

Thyssenkrupp inks Rs 410 crore contract with MDL

Recently, thyssenkrupp was awarded Rs 2.5 billion contract for the retrofit of the Harpoon missile system in two of the Shishumar-class submarines.

Sep 26, 2018, 18:23 PM IST

Tata Steel clinches JV with Thyssenkrupp to create new European steel giant

The JV, which has been under discussions since September last year, combines the European steel businesses of the Indian steel major with the German firm to create Thyssenkrupp Tata Steel BV.

Jul 02, 2018, 17:56 PM IST

Tata to invest in Port Talbot steel plant post-Thyssenkrupp merger: Sources

The global steel sector is emerging from a crisis in which global prices slid to 12-year lows in late 2015.

Feb 12, 2018, 23:47 PM IST

Tata Steel, ThyssenKrupp agree to merge European operations

The two groups were in talks for a merger of their European steel businesses for almost over a year.

Sep 20, 2017, 10:53 AM IST

European Union imposes import duties on some Chinese steel to counter subsidies

The European Union has imposed provisional import duties of as much as 28.5 percent on certain Chinese corrosion-resistant steels after an eight-month investigation found that the products benefited from unfair subsidies.

Aug 10, 2017, 17:28 PM IST

ThyssenKrupp defends merger talks with Tata Steel in Europe

German conglomerate ThyssenKrupp on Saturday defended merger talks with Indian rival Tata Steel saying the consolidation of the sector in Europe was necessary due to the "difficult economic situation".

Jul 10, 2016, 10:10 AM IST

ArcelorMittal, Nippon Steel buy ThyssenKrupp US factory

The agreement is for a 50-50 joint venture partnership between the Luxembourg-based ArcelorMittal and Japanese titan Nippon Steel, the former company said in a statement.

Nov 30, 2013, 17:08 PM IST

Germany eyes raw materials pool this year: Magazine

The German government and about 10 companies based in Europe's biggest economy are planning to found a company before the end of the year to buy key raw material needed by the industrial sector, German magazine Der Spiegel reported.

Oct 31, 2011, 09:26 AM IST

Thyssenkrupp to axe 20,000 jobs

German steelmaker Thyssenkrupp is set to reduce its workforce worldwide by about 20,000 in the coming fiscal year, its CEO said Friday, as the firm battles with record losses and an industry in crisis.

Nov 28, 2009, 00:00 AM IST