duferco europe slab teesside

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Corus May Shut Teesside Plant - WSJ

Under a 10-year so-called offtake pact, they agreed to buy just under 78% of Teesside's slab products at cost, and pay a portion of the plant's capital expenditure requirements, among other things.

2,500 jobs hang on battle for steel plant | The …

2022-11-10· They both want to buy a controlling stake in the Corus slab steel plant on Teesside. Swiss firm Duferco has ... A year ago we were written off but our performance is as good as any in Europe.

Duferco: Latest News & Videos, Photos about

· Duferco Latest Breaking News, Pictures, Videos, and Special Reports from The Economic 10,000 jobs are under threat as Tata Steel's European arm Corus is mulling closing of one of its mills in plant's single largest client has abandoned an agreement with the company to buy products.

Tata reaches £130M Teesside settlement

Tata Steel Europe lost about £150M ($242M) from Teesside, UK after the buyers, accounting for about 80% of its business, did not honour the 2022 contract. Italy's Marcegaglia SpA, South Korea's Dongkuk Steel Mill Co, Luxembourg-based Ternium SA and Swiss- Italian steelmaker Duferco Participations Holding Ltd walked away from taking deliveries of slab steel, which they process into other

Duferco Steel Works, La Louvière, Belgium » …

In 2022 Duferco formed a joint venture with the russian firm NLMK. The joint venture ended in 2022, with Duferco retaining the long-products activities at La Louviere while NLMK kept the flat products section. Duferco ceased operations at La Louviere in 2022, with the loss of 450 jobs. The NLMK areas of the factory are still in operation.

Consortium terminates Teesside steel slab offtake ...

Marcegaglia, Dongkuk, Duferco and Alvory have terminated their ten-year offtake agreement with Corus for slab produced at the Anglo-Dutch steelmaker's Teesside Cast Products (TCP) plant in the UK. Following the termination, Corus has been forced to open consultations that might result in a decision to mothball the TCP plant, it said.

Corus set to shut Teesside steel mill - Indian

Teesside mill in England run by steel maker Corus is facing closure as a consortium of buyers has dishonoured a long-term agreement to buy about 80 per cent of produce of the Anglo-Dutch company owned by the Tata group.

duferco europa slab teesside

Steel union, Community, yesterday expressed 'outrage' at the announcement to 'mothball' Teesside Cast Products with a threat to 2,000 jobs. The union said that move came as a result of Corus's consortium partners (Marcegaglia, Dongkuk, Ternium and Duferco) terminating a ten-year steel slab offtake deal after just five years.

duferco europe dalle teesside -

duferco europe slab teesside - Strzelnica . From 2022 to late 2022, he acted as Port/Logistics Director, Hot End General Manager and Slab Marketing Director for the same MMT TataCorus-Teesside joint venture (formerly British Steel) for owners TataCorus, Duferco-NLMK, Dongkuk, and Marcegaglia.

NLMK buys out Duferco steel joint venture for

The move will add million tonnes of rolling capacity and output of million tonnes per annum toNLMK's downstream processing says this will bolster its position in and Western European markets and broaden its downstream product range, with significantly increased finished steel capacity and improved speed and company added that the buyout will also enable

duferco europe slab teesside

duferco europe dalle teesside - Easyeats Nov 13, 2022· After 12 years, the Duferdofin-Nucor joint venture between Duferco Italia Holding and Nucor Europe has come to an end. The company, the first Italian steel beam producer, has four production units in San Zeno Naviglio (Brescia), Giammoro (Messina), San Giovanni Valdarno (Arezzo) and Pallanzeno (Verbania).

Novolipetsk Steel (NLMK) – Duferco Joint Venture

Duferco lacks upstream capacity and has excess rolling capacity Strategies of NLMK and Duferco are complementary NLMK aims to expand its upstream platform increasing production of low cost high quality slabs and to re-roll them in its core markets, including Europe and USA Duferco aims to expand its rolling capacity increasing production

Termination of slab contract hits TATA Corus …

TATA Steel's European arm Corus announced that it has been forced to open consultations that might result in a decision to mothball its Teesside Cast Products plant in northeast England.

Duferco Thionville SASU - Company Profile

Duferco Thionville provides steel metal products. The Company offers plates, pipes, slab, coils, beams, bars, and rods. Duferco Thionville serves customers worldwide.

TCP press release

Teesside Cast Products is an integrated steelmaking facility, which currently manufactures around million tonnes a year of slab and bloom across a wide range of specifications and applications. The bulk of TCP's output has historically been supplied to other Corus plants in the UK and Europe. The Teesside

Corus job losses caused by broken contract -

The company has spent the last eight months trying to reorganise its operations on Teesside. Earlier this year a consortium of four companies reneged on a 10-year contract to buy slab steel

Duferco Danish Steel

Duferco's activities span over 40 countries. In early June 2022, Duferco, acquired Kontiværket, the bar mill originally established in 1940 by Det Danske Stålvalseværk, Denmark's glorious steel plant. The production assets were transferred to Duferco Danish Steel A/S, a new company established in connection with the acquisition.

BBC - Corus: Consortium pulls out

And with cheaper steel available from eastern Europe, the problem of dwindling demand for Corus has been compounded. The problems really started for Corus when a foreign consortium declined to play by the rules and take the nearly 80% of Corus's Teesside-made steel that it

duferco europe slab teesside

duferco europe losa teesside - They both want to buy a controlling stake in the Corus slab steel plant on Teesside. Swiss firm Duferco hasA year ago we were written off but our performance is as good as any in Europe.

Duferco Thionville SASU - Company Profile and …

Duferco Thionville provides steel metal products. The Company offers plates, pipes, slab, coils, beams, bars, and rods. Duferco Thionville serves customers worldwide.

UPDATE 2-Tata Steel could suspend Teesside …

* Major customers pull out of 10-year deal * May suspend operations at plant, leading to job losses * Stake sale in plant may be affected * Tata Steel stock closes down 4 pct, underperforming bourse

Tata Steel Wins $130 Million Settlement in …

2022-06-22· Tata Steel Ltd., which shut and sold part of its Teesside Cast Products unit after four of its largest customers halted orders, said it received $130 million as settlement from the violators of ...

UPDATE 2-Tata Steel could suspend Teesside …

Any shutdown at the plant — which makes steel slabs, ... Alvory SA and Duferco Participations Holding Ltd signed the agreement in 2022. ... Europe's second-largest steelmaker, ...

Corus set to shut Teesside steel mill - Indian

Teesside mill in England run by steel maker Corus is facing closure as a consortium of buyers has dishonoured a long-term agreement to buy about 80 per cent of produce of

Civil and Structural Engineering | Teesside |

McLaren Harkin Ltd is a multi-disciplinary civil and structural engineering based consultancy located on Teesside but able to service clients throughout the UK, Europe and the Middle East. The practice is able to offer in-depth knowledge on a wide range of consultancy services with a commitment to providing clients with first class engineering design solutions.

UPDATE 2-Tata Steel could suspend Teesside

· Corus, Europe's second-largest steelmaker, announced several restructuring measures earlier this year, including 3,500 job cuts worldwide, and hived off non-core assets as it

Duferco SA - Company Profile and News - …

Company profile page for Duferco SA including stock price, company news, press releases, executives, board members, and contact information

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