Steel

Toyo Kohan announces outcome of takeover bid for shares of Fuji Technica & Miyazu

Toyo Kohan Co Ltd:Says Toyo Kohan Co Ltd acquired 11,812,852 shares of Fuji Technica & Miyazu Inc during the period from Jan. 7 to Feb. 4.Acquisition price at 7,395 million yen in total.Settlement date starts from Feb. 12.Says the acquirer (Toyo Kohan) will hold 86.14 pct voting rights in Fuji...

Friday, 5 Feb 2016 02:00am EST

ArcelorMittal plans $3 billion capital increase

ArcelorMittal SA:Planned to raise $3 billion in fresh capital in a bid to reduce debt in the face of weak steel and mining sectors.

Friday, 5 Feb 2016 01:00am EST

ArcelorMittal gives EBITDA guidance for 2016

ArcelorMittal SA:EBITDA is expected to sequentially decline in Q1 2016‍​.Company expects FY 2016 EBITDA to be in excess of $4.5 billion.

Friday, 5 Feb 2016 01:00am EST

Zhejiang JIULI Hi-tech Metals to acquire stake in Huzhou-based company

Zhejiang JIULI Hi-tech Metals Co Ltd:To acquire 70 pct stake in a Huzhou-based stainless steel tube manufacturing company, which wholly owned by Feng Yongsen, for 5,400,931 yuan.

Thursday, 4 Feb 2016 07:00pm EST

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