Archive for August 27th, 2008
ThyssenKrupp to sell industrial services
ThyssenKrupp, the German steelmaker and industrial conglomerate, plans to sell most of its industrial services unit, in an attempt to streamline its business and finance further acquisitions.
The industrial services unit reported sales of €1.9bn ($2.8bn) in the last fiscal year and is the smallest of ThyssenKrupp’s service businesses.
Ekkehard Schulz, chief executive (pictured left), said the [...]
Posted: August 27th, 2008 under Steel, Steel News.
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Steelworkers union asks members to strike if talks fail
PITTSBURGH » The United Steelworkers union has asked more than 14,000 members at facilities run by ArcelorMittal, the world’s largest steelmaker, to allow it to call a strike if current contract negotiations fail. The labor union said in a notice distributed at 14 plants nationwide that a "lack of progress" in the talks, which began [...]
Posted: August 27th, 2008 under Steel International, Steel News.
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