Bamesa joins Sumitomo as Czech steel distributor owner
Bamesa, the Spanish steel service centre, has received approval from European authorities to acquire 50% of Czech steel distributor Steel Centre Europe. The other 50% of the company will continue to be held by Japan’s Sumitomo, Kallanish notes. With the acquisition, Bamesa further extends its presence globally, being already active in the Spanish, Portuguese, Moroccan, Romanian and
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Salzgitter acquires Dutch plate stockholder
Salzgitter AG has expanded its European distribution network with the takeover of Statendam Steel Plates B.V. in the Netherlands. Statendam will be merged with Salzgitter’s Dutch distribution house, Salzgitter Mannesmann Staalhandel B.V. Both companies are located in Oosterhout. Statendam Steel Plates B.V. was founded in 2000 and was formerly 100% privately owned, Kallanish understands. It supplies companies in
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Leeco moves to larger Canadian plate facility
North American service centre chain Leeco Steel is shifting its Hamilton, Ontario, plate distribution operations to a larger facility, Kallanish reports. The new 45,000-square-foot facility replaces a smaller Hamilton facility Leeco has operated since 2014. Leeco currently maintains one service centre in Canada, one in Mexico, and nine in the US. Financial terms for the new facility
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Plate mill Huta Czestochowa resumes output after holiday
Huta Czestochowa resumed operations this week after the year-end break, which began towards the end of December and lasted till January 7. The company is scheduled to start operations from mid-January and plans to produce 30,000 mt this month, said Marek Frydrych, managing director of Sunningwell International Polska, the Warsaw-based financial firm holding the mill’s
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ArcelorMittal Italia to restart Taranto plate rolling mill: union sources
ArcelorMittal Italia is to restart its 600,000 mt/year plate rolling mill in Tarantoon February 10, union sources told S&P Global Platts Thursday, with production of around 30,000 mt in total targeted for a period of four weeks initially. The facility, in southern Italy, was shut down in September. ArcelorMittal Italia currently has three blast furnaces
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NEWS
- Bamesa joins Sumitomo as Czech steel distributor owner January 17, 2020
- Salzgitter acquires Dutch plate stockholder January 17, 2020
- Leeco moves to larger Canadian plate facility January 17, 2020
- Plate mill Huta Czestochowa resumes output after holiday January 17, 2020
- ArcelorMittal Italia to restart Taranto plate rolling mill: union sources January 17, 2020
- German construction sector remains upbeat for 2020 January 16, 2020
- Parliament asks EU commissioner for steel safeguards’ review January 16, 2020
- Duty-free rebar import quotas in EU from Russia, Ukraine drop to critical levels January 16, 2020
- Turkish automotive production, sales soar in December January 16, 2020
- New EU Green Deal to benefit Ilva January 15, 2020
- Thyssenkrupp, Salzgitter deny active merger talks January 15, 2020
- Tata Steel to postpone Dutch job cuts: reports January 15, 2020
- EU, US, Japan to extend cooperation on excess steel capacity January 15, 2020
- Austrian distributor invests in new facilities January 14, 2020
- Dutch sheet processor expands in Germany January 14, 2020
- Turkey to decide on trade measures following EU’s quota review January 14, 2020
- European plate market set for tough year with Dillinger on short-time working January 13, 2020
- UK steelmakers have ‘bad week at the office’ January 13, 2020
- Germany’s Lotter expands with rebar distributor acquisition January 13, 2020
- Hoesch Schwerter Profile files for insolvency January 10, 2020
- Liberty Steel to cut 355 jobs January 9, 2020
- UK unions seek urgent meeting as concerns grow on Tata Steel January 9, 2020
- Italian court says Taranto steel plant’s blast furnace 2 can stay open January 9, 2020
- ArcelorMittal to start new Gijón coke battery January 9, 2020
- ArcelorMittal to restart Spanish blast furnace this week January 9, 2020
- Turkey revises import duties on certain products January 9, 2020
- New plate warehouse commissions at Port of Antwerp January 9, 2020
- USSK postpones dynamo steel investment on tough market January 8, 2020
- Swiss billionaire acquires S+B founder families’ shares January 8, 2020
- ArcelorMittal Spain prepares for first-quarter stoppages January 8, 2020
- Panel report adopted regarding Moroccan measures on hot-rolled steel from Turkey January 8, 2020
- Worthington increases stake in joint venture January 7, 2020
- Antwerp companies merge to form new logistics provider January 7, 2020
- Jingye in talks with EU regulators to close British Steel acquisition: Official Receiver January 7, 2020
- Headwinds for European flat steel set to persist January 7, 2020
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Latest News
- Bamesa joins Sumitomo as Czech steel distributor owner
- Salzgitter acquires Dutch plate stockholder
- Leeco moves to larger Canadian plate facility
- Plate mill Huta Czestochowa resumes output after holiday
- ArcelorMittal Italia to restart Taranto plate rolling mill: union sources
- German construction sector remains upbeat for 2020
- Parliament asks EU commissioner for steel safeguards’ review
- Duty-free rebar import quotas in EU from Russia, Ukraine drop to critical levels