Archive for May, 2008
Thursday, May 22nd, 2008
Nippon Steel plans to build new plant in Thailand
Nippon Steel Corp. has expressed its hopes of building a steel plant in Thailand. Nippon Steel is expanding its steel output in response to growth in global steel demand. But it may be forced to reduce domestic production depending on the course ...
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Tuesday, May 20th, 2008
Severstal to acquire WCI Steel in US
Severstal announced that it has reached a binding agreement to purchase WCI Steel. The acquisition is subject to customary closing conditions, including the receipt of all necessary government and regulatory approvals. Under the terms of the agreement, Severstal will acquire all outstanding equity of ...
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Tuesday, May 20th, 2008
BE Group AB: BE Group Grows in the Czech Republic, Buys Ferram Steel
BE Group (STO:BEGR) is acquiring Ferram Steel a.s. to continue the strategy of growth in Central and Eastern Europe. Ferram Steel a.s. will make a positive contribution to growth and profit and generate cost and capital synergies combined ...
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