After a bad quarterly earnings report, the German industrial giant thyssenkrupp is at a crossroads. Some investors are pushing to smash the old company apart; its recent losses aren’t helping to give it direction. German...
In the wake of US tariffs on steel and aluminum, the EU has made several counter moves and has now raised tariffs of its own on steel imports which exceed quotas based on current levels....
A study commissioned by Greenpeace has found out that China massively expanded its steelmaking capacities last year, despite pledging to cut output amid a steel glut that has led to a global crisis in the...
Americans have a saying about an 800-pound gorilla in a room. It refers to a person or organization so powerful that it can act unilaterally. The British have an expression about an elephant in a...
Activist investor Cevian has raised its stake in struggling ThyssenKrupp, claiming the German steelmaker is undervalued. However, it’s unclear if the Anglo-Swedish firm will not eventually seek to split up ThyssenKrupp. Cevian has raised its...