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Tata, thyssenkrupp to create steel giantThyssenkrupp and Tata Steel have signed a memorandum of understanding to combine their European steel activities in a 50/50 joint venture and create a leading European flat steel player to be positioned as quality and technology leader. More… |
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Ezzsteel 2010 consolidated profit soarsEgyptian group ezzsteel said 2010 consolidated net profit almost tripled, buoyed by strong domestic demand for long products and the restart of a flat steel plant. Net profit for 2010 was 252 million Egyptian pounds ($42 million), wh More… |
