Nucor third-quarter earnings beat forecasts at $5.80 a share
Nucor third-quarter earnings hit $5.80 a share and $11.25bn in sales, beating estimates even as shares fell 2.43% on the day.
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MOU signed in ThyssenKrupp/Tata Steel merger
The first step has been taken towards merging Tata Steel and Thyssenkrupp, in a move which would create Europe’s second-largest steel group, according to BBC News. The two companies have…
Steel giant ArcelorMittal favourite to acquire ThyssenKrupps Alabama plant
Luxembourg-based steel and mining group ArcelorMittal (AMS:MT) is one of the two top bidders for German steelmaker ThyssenKrupp AG's (ETR:TKA) steel business in the Americas, offering USD1.5bn (EUR1.1bn) for the…
US steel group Nucor to acquire ArcelorMittal unit for $605m
US steel and steel products manufacturer Nucor Corporation (NYSE:NUE) said that it had agreed a deal for Skyline Steel LLC, a subsidiary of Luxembourg-based sector player ArcelorMittal (AMS:MT). Nucor will…