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Kloeckner Says Supervisory Board Appoints Jens Michael Wegmann As Chief Operating Officer

Monday, 27 Nov 2017 07:26am EST

Nov 27 (Reuters) - KLOECKNER & CO SE ::DGAP-NEWS: KLÖCKNER & CO SE: SUPERVISORY BOARD APPOINTS JENS MICHAEL WEGMANN AS CHIEF OPERATING OFFICER.‍ WEGMANN WILL TAKE NEWLY CREATED POSITION AS CHIEF OPERATING OFFICER (COO) AS OF DECEMBER 1, 2017​.

Chongqing Iron & Steel's restructuring proposal approved by court

Monday, 20 Nov 2017 07:02am EST

Nov 20 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>1053.HK:Says its restructuring proposal approved by court.

Steel & Tube Holdings expects HY EBIT for FY18 to be lower than prior HY by NZ$9 mln- NZ$10 mln

Wednesday, 15 Nov 2017 03:06pm EST

Nov 16 (Reuters) - Steel & Tube Holdings Ltd :Half-year earnings before interest and tax for 2018 FY will be lower than prior half year by NZ$9 million - NZ$10 million​.Reorganisation and restructuring activities will have an unavoidable impact on short term EBIT​.‍Margins are expected to improve in second half of 2018 from improved pricing​.FY 2018 EBIT expected to be materially same as 2017 FY EBIT of NZ$31.1​ million.

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