Members of ISTC - The Community Union and the Knitwear, Footwear and Apparel Trades Union (KFAT) have voted overwhelmingly in favour of a merger between the two unions it was announced today. 83% (5 out of 6) of ISTC mem...
Noranda Inc. today announced that through a subsidiary of Noranda Finance of Nashville, Tennessee, it has agreed to acquire a 50%-interest in alumina refining and related bauxite mining assets from Kaiser Aluminum & ...
BlueScope Steel Limited today advised that, on the strength of its April result, it now expects its Net Profit After Tax (“NPAT”) for FY2004 to be approximately A$550 million, providing there is no material c...
ThyssenKrupp and One Equity Partners (OEP) signed a non-binding declaration of intent on May 16, 2004. Under this declaration, ThyssenKrupp Werften and Howaldtswerke-Deutsche Werft (HDW) will be merged to form a new grou...
Nippon Steel Corporation (President: MIMURA Akio) and Companhia Vale do Rio Doce (President: Roger Agnelli, Head Office in Rio de Janeiro, Brazil) reached a basic agreement on the conclusion of a long-term contract (10 y...
Effective today, Weirton Steel will become part of the International Steel Group, the USA’s largest steel producer.
The acquisition will be completed today when the US$255 million deal between the two steel prod...
Alcan Inc. announced the sale of the Boxal Group, a manufacturer of aluminum aerosol cans and part of Alcan Packaging, to Exal Holdings BV, a Dutch privately held company. The sale was approved by the European Commission...
The Timken Company announced today a plan to begin closing the Canton bearing manufacturing operations. The company expects most of the production to be shifted to its other U.S. plants. Current employment at the three C...
Global Alumina Products Corp (GAPCO) have announced that they have agreed to acquire the world’s leading consulting group involved with the upstream aluminium industry, Aluminpro Aluminium Industry Professionals In...
Alcoa World Alumina LLC and Alcan Inc. today announced the signing of a memorandum of understanding (MOU) to assess the feasibility of developing jointly a 1.5 million metric tonne per year (mtpy) alumina refinery in the...
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