World news about “Steel industry” published by euronews.
ArcelorMittal confident for 2013 earnings The world’s number one steelmaker ArcelorMittal has brushed aside its own profits warning and maintained its earnings forecast for this year on Friday. It… 10/05/2013
Europe Weekly: EU tackles horsemeat scandal This week in Europe Weekly, the EU lays out its plan to tackle the fallout from the horsemeat scandal. The European Commission urges steel giant… 16/02/2013
EU urges steel giant ArcelorMittal to postpone job cuts Steel giant ArcelorMittal should postpone any plant closures in Europe until June, the European Commission said on Tuesday. Speaking at round-table… 12/02/2013
ThyssenKrupp to slash jobs ThyssenKrupp is to cut more than 2,000 workers as part of plans to reduce costs in response to a slump in demand in the volatile steel sector. Sales of… 08/02/2013
Asset sale boosts ArcelorMittal ArcelorMittal, the world’s biggest steelmaker, enjoyed a strong start to the new year as its share price rose nearly 4.5 percent on Wednesday. An asset sale… 02/01/2013
Weak European demand forces ArcelorMittal writedown ArcelorMittal is to write down the value of its European business by 3.25 billion euros. The world’s biggest steelmaker said demand fell around eight… 21/12/2012
Thyssenkrupp steeled for better times Despite posted a net loss five times bigger than feared and not paying a dividend, Thyssenkrupp saw its shares rise to be the day’s best performer on the Dax… 11/12/2012
‘Say Oui to France’ Last month the French government announced its plans to boost the competitiveness of the eurozone’s second largest economy. Paris needs to attract foreign… 30/11/2012
French, Italian steel trouble How to reverse decades of industrial decline is at the top of the political agenda for both France and Italy. The furore surrounding ArcelorMittal’s… 30/11/2012
French find investor for troubled ArcelorMittal plant The French government claims to have found an industrialist willing to invest 400 million euros to restart ArcelorMittal’s Florange steelworks. Industry… 28/11/2012
Italian steel scandal 20,000 jobs under threat Thousands of furious Italian workers at Europe’s biggest steel plant have staged a sit-in after management announced it is to suspend operations. On Monday… 27/11/2012
Arcelor Mittal no longer welcome in France Arcelor Mittal is no longer welcome in France according to the minister for industrial recovery who accused the multinational of “lying” and… 26/11/2012
Traditional industry spearhead Ukraine’s industrialists and politicians are betting on massive investment in traditional primary industries to spearhead economic development. A new 540… 22/10/2012
RUSAL cuts capacity on weak demand RUSAL, the world’s largest aluminium producer, has said it will cut its capacity by three to four percent by the end of the year. That after the Russian… 27/08/2012
Italian steel town ‘dying’ to work Ordered to stop production by a judge because of high levels of pollution, ILVA is responsible for almost a third of Italy’s steel output. One of Europe’s… 17/08/2012
Thyssenkrupp gets a lift Thyssenkrupp seemed set to be the big loser on the Dax in Frankfurt on Tuesday, but it ended up the second biggest winner. The reason for that spectacular… 15/05/2012
Gloomy outlook from German steelmakers A gloomy outlook from Germany’s two biggest steelmakers, ThyssenKrupp and Salzgitter. They are downbeat about earnings for the rest of the year believing… 15/05/2012
Boardroom row at top Russian metal firm The chairman of Russia’s huge aluminium company Rusal has resigned. The firm said Viktor Vekselberg stepped down because of a bitter struggle between its… 13/03/2012
ArcelorMittal bosses freed after Belgian protest Six bosses of steelmaker ArcelorMittal have been freed after being held against their will for 48 hours. They had been kept trapped in their offices by… 05/10/2011
Quick-fix share sale hits ThyssenKrupp ThyssenKrupp’s shares fell on Thursday after it said it will raise as much as 1.7 billion euros by selling shares. The move is seen as a quick fix to cut… 07/07/2011
Steelworkers clash with police in FranceIn France, hundreds of steel workers scuffled with police near the European Parliament in Strasbourg. They are angry at plans to lay off workers at several… 07/02/2013
Italy’s government steps in to save ILVA steel plantEurope’s largest steel mill will remain open during a two-year clean up operation after the Italian government rushed through legislation to keep the … 01/12/2012
France agrees deal to save Florange steelworksIn France, the government has struck a deal with steel giant ArcelorMittal to keep open the firm’s Florange plant in the north of the country. Paris had… 01/12/2012
Clock ticks over future of ArcelorMittal French steel siteThe French government and steelmaker ArcelorMittal are reported to be considering several options to save jobs at a northern plant ahead of a midnight… 30/11/2012
Italian government passes legislation over ILVAThe Italian government is to pass legislation to force a clean-up of the ILVA steel plant and resolve a scandal threatening to shut it down. The plant, in the… 29/11/2012
Tornado smashes into troubled Italian steel plantA powerful tornado has rolled in off the sea smashing into the troubled Ilva steel plant in southern Italy. One worker is missing. He is reported to have been… 28/11/2012
Mittal steel talks to continue as France ponders nationalisationFrench President François Hollande and steel tycoon Lakshmi Mittal have vowed to continue talking over the future of a plant in the north-east of the… 27/11/2012
French minister says ArcelorMittal is not welcomeA true declaration of war or an attempt to apply pressure while awaiting the mediation of the President? France’s Minister for Industrial Renewal, Arnaud… 27/11/2012
French president to meet Mittal over plant closuresFrance’s President Francois Hollande is set to meet Lakshmi Mittal in a bid to end an intensifying row over the fate of two idle steel… 27/11/2012
Thousands of jobs at risk as Italy’s ILVA faces closureItalian steel producer ILVA faces closure, throwing thousands out of work after magistrates ordered the seizure of all steel produced from its main plant in… 27/11/2012
Race is on to save Italian steel plantThe Italian government says it is working hard on a deal to keep Europe’s largest steel plant open. Owners ILVA have been given five days to comply with an… 08/10/2012
Steel giant confirms French furnace closure-600 jobs to goSteel manufacturer ArcelorMittal has announced the closure of two idle blast furnaces in eastern France and with it the potential loss of more than 600… 01/10/2012
Sardinia steel workers climb silo to save jobsThree Italian workers in Sardinia are staging a high and mighty protest in a bid to save their jobs. They’ve climbed a 70 meter silo at the Alcoa aluminium… 05/09/2012
Sardinia facing more job lossesWorkers from an threatened aluminium plant in Sardinia demonstrated in Rome on Friday in front of the Economy Ministry. The protesters were calling on the… 31/08/2012
Italy court confirms steel plant shutdown over pollutionAn Italian court has confirmed an earlier ruling preventing production at a southern steel plant because of pollution. Management had argued that operations… 20/08/2012
Italy oil spill into Ionian SeaAbout two tonnes of oil have been spilled into the Ionian Sea at the Italian port of Taranto. The leak is believed to have come from a Turkish vessel… 17/08/2012
Italy: Workers protest over threatened steel plantWorkers at Europe’s biggest steel plant in southern Italy have staged another protest march after a court ruling that could close it down. Thousands of jobs… 16/08/2012
Italy: Jobs at risk due to ILVA steel factory rowA legal dispute over whether Europe’s biggest steel plant has to close down whilst making improvements is threatening the jobs of thousands of Italian… 12/08/2012
Italian steel workers protest against possible plant closureEmployees at a Italian steel works demonstrated on Thursday against plans to close it down. Workers from the ILVA plant in Taranto, southern Italy, want… 02/08/2012
Prosecutors close Italy’s ‘pollution plant’It has been described as the most polluted town in Europe. Now local prosecutors have closed down much of the ILVA steel works in Taranto in southern Italy in… 26/07/2012
Steel workers protest near Sarkozy HQFrench steel workers have tried to deliver a noisy message to Nicolas Sarkozy’s campaign headquarters in Paris. They were protesting about the possible… 15/03/2012
Italian unions hail “landmark” decisionAn Italian court has found a top executive of the Thyssen-Krupp steelmaker guilty of murder, and given him 16 and a half years in prison. The company’s… 16/04/2011
ThyssenKrupp Americas plants overrunning costsThyssenKrupp has warned that startup costs at its new steel plants in Brazil and the United States would be several hundred million euros more than… 11/02/2011
ArcelorMittal sees steel slowdown continuingArcelorMittal says demand for steel will remain muted through to the end of the year. Announcing third quarter core profit that was in line with market… 26/10/2010
Rio Tinto BHP Billiton deal in doubtNeither company would confirm it, but it looks like Rio Tinto will abandon a planned iron-ore joint venture with rival BHP Billiton. An Australian newspaper… 06/10/2010
German steel strikes widenSteelworkers in Germany have stepped up their strike action for higher wages. They also want those on short term contracts to get the same pay as full time… 23/09/2010
Pay strikes hit German steelworksGerman steel workers are striking for three days after pay talks broke down between the IG Metall union and employers. Thousands of them walked out on… 22/09/2010
ThyssenKrupp steels itself for price swingsThyssenKrupp, said robust demand from the car and engineering sectors meant it was able to post better than expected results. Germany’s top steelmaker also… 13/08/2010
Chinalco and Rio Tinto announce joint ventureAluminium Corporation of China has signed a joint venture deal with Anglo-Australian mining company Rio Tinto to develop one of the world’s biggest iron ore… 19/03/2010
Germany steel giant returns to profitGermany’s biggest steel maker ThyssenKrupp has recorded its first quarterly profit in a year. The pre-tax profit of 237 million euros was more than four… 12/02/2010
