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Wall Street Breakfast: Must-Know News
Wall Street Breakfast • Thu, Dec 13, 2012 • 132 Comments
Wall Street Breakfast: Must-Know News
Wall Street Breakfast • Tue, Oct 2, 2012 • 174 Comments
Number 1 Global Steel Maker In The Works - And Nobody's Looking?
Mikko Laaksonen • Tue, Sep 25, 2012 • 1 Comment
$90 Billion Glencore-Xstrata Powerhouse To Go Ahead After Increased Offer
Retracement • Mon, Sep 10, 2012 • 11 Comments
A New Vision - The Potential For Coal Gasification And Coal Chemical Industry Development In Mongolia
Leo Liu • Thu, Sep 6, 2012 • 9 Comments
U.S. Steel Has A Sound Strategy, But Hurdles Remain
Morningstar • Tue, Aug 14, 2012 • 1 Comment
Germany Vs. Greece: More Than A Game
Markos Kaminis • Fri, Jun 22, 2012 • 59 Comments
Falling Iron Ore, Coal Prices: The Start Of A Steel Market Collapse?
MetalMiner • Thu, May 24, 2012 • 4 Comments
Nickel, Stainless Steel Prices on a Slide
MetalMiner • Mon, Jun 27, 2011
3 Key Value Sources for U.S. Steel's Stock
Trefis • Thu, May 26, 2011
Dividends Made in Germany: A Review of Payouts of the DAX Index
Clemens Scholl • Wed, May 11, 2011 • 24 Comments
A Bumpy Ride Ahead for Steelmakers?
Morningstar • Mon, Sep 13, 2010 • 2 Comments
EWG: Germany Profits From the Euro's Decline
Larry MacDonald • Tue, Jun 22, 2010
German Exporters Set to Benefit From Falling Euro
David Hunkar • Tue, Jun 8, 2010 • 4 Comments
Report From Europe: U.S. Stocks Trading at 18-Month Highs
The Mole • Tue, Mar 30, 2010
High Conviction: A Russian Miner Leveraging Massive China Demand
Tim Steinle • Tue, Feb 23, 2010 • 17 Comments
The IT Service Management Battle Is Intensifying
Jeffrey M. Kaplan • Mon, Feb 15, 2010 • 1 Comment
Report From Europe: Stocks Slipping on Greece as China Hikes
The Mole • Fri, Feb 12, 2010 • 1 Comment
10 European Industrial Goods and Services Stocks
David Hunkar • Mon, Dec 28, 2009 • 1 Comment
Report from Europe: More Soggy Economic Data but Stocks Don't Care
The Mole • Mon, Nov 16, 2009 • 2 Comments

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Short Squeeze Indicator Low for Thyssenkrupp
Data Explorers • Tue, Aug 18, 2009

Wall Street Breakfast: Must-Know News
Wall Street Breakfast • Thu, Dec 13, 2012 • 132 Comments
Wall Street Breakfast: Must-Know News
Wall Street Breakfast • Tue, Oct 2, 2012 • 174 Comments
Number 1 Global Steel Maker In The Works - And Nobody's Looking?
Mikko Laaksonen • Tue, Sep 25, 2012 • 1 Comment
$90 Billion Glencore-Xstrata Powerhouse To Go Ahead After Increased Offer
Retracement • Mon, Sep 10, 2012 • 11 Comments
A New Vision - The Potential For Coal Gasification And Coal Chemical Industry Development In Mongolia
Leo Liu • Thu, Sep 6, 2012 • 9 Comments
U.S. Steel Has A Sound Strategy, But Hurdles Remain
Morningstar • Tue, Aug 14, 2012 • 1 Comment
Germany Vs. Greece: More Than A Game
Markos Kaminis • Fri, Jun 22, 2012 • 59 Comments
Falling Iron Ore, Coal Prices: The Start Of A Steel Market Collapse?
MetalMiner • Thu, May 24, 2012 • 4 Comments
Nickel, Stainless Steel Prices on a Slide
MetalMiner • Mon, Jun 27, 2011
3 Key Value Sources for U.S. Steel's Stock
Trefis • Thu, May 26, 2011
Dividends Made in Germany: A Review of Payouts of the DAX Index
Clemens Scholl • Wed, May 11, 2011 • 24 Comments
A Bumpy Ride Ahead for Steelmakers?
Morningstar • Mon, Sep 13, 2010 • 2 Comments
EWG: Germany Profits From the Euro's Decline
Larry MacDonald • Tue, Jun 22, 2010
German Exporters Set to Benefit From Falling Euro
David Hunkar • Tue, Jun 8, 2010 • 4 Comments
Report From Europe: U.S. Stocks Trading at 18-Month Highs
The Mole • Tue, Mar 30, 2010
High Conviction: A Russian Miner Leveraging Massive China Demand
Tim Steinle • Tue, Feb 23, 2010 • 17 Comments
The IT Service Management Battle Is Intensifying
Jeffrey M. Kaplan • Mon, Feb 15, 2010 • 1 Comment
Report From Europe: Stocks Slipping on Greece as China Hikes
The Mole • Fri, Feb 12, 2010 • 1 Comment
10 European Industrial Goods and Services Stocks
David Hunkar • Mon, Dec 28, 2009 • 1 Comment
Report from Europe: More Soggy Economic Data but Stocks Don't Care
The Mole • Mon, Nov 16, 2009 • 2 Comments

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Company Description

Currently, there's no company description for TYEKF.PK.

Sector: Basic Materials

Industry: Electric Utilities

Country: United States

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| Earnings
| Dividends
| M&A
| On the move

Wednesday, May 15, 9:48 AM ThyssenKrupp (TYEKF.PK, TYEKY.OB) takes another writedown on the value of its Steel Americas business, driving an unexpected quarterly loss but raising hopes the steelmaker is closer to a sale of the asset which has been a thorn in its side for years. Analysts say the move to cut the book value on Steel Americas to €3.4B from €3.9B shows it is ready to accept a lower price for a deal. Comment! [Commodities]
Tuesday, May 7, 3:26 PM Vale (VALE +3%) says it hasn't been contacted by ThyssenKrupp about a reported proposal to increase its stake in a troubled Brazilian steel mill. The German steelmaker is seeking to sell two plants in the Americas, including one near Rio de Janeiro in which Vale has a 27% stake. One proposal was said to have Vale increasing its stake in the mill to 33%. Comment! [Commodities, Global & FX, On the Move]
Friday, May 3, 3:35 AM Meanwhile, UBS bumps ThyssenKrupp AG (TYEKY.OB, TYEKF.PK) two notches to Buy from Sell, saying the market has over-reacted to the downside. Firm believes a share issue is unlikely, and thinks the Steel Americas unit sale will net THK €3B, while the market is pricing in only €0.8B. Comment! [Commodities, Quick Ideas]
Friday, May 3, 3:31 AM ThyssenKrupp AG (TYEKY.OB, TYEKF.PK) +5% in Frankfurt on news Companhia Siderrgica Nacional (SID), Brazil's No.3 steelmaker, has reportedly emerged as the leading bidder for its Brazilian and U.S. steel-plant assets. For now, ThyssenKrupp remains in parallel negotiations with Vale (VALE) and the Brazilian gov't for the assets. ThyssenKrupp has spent the last year figuring out how to dispose of the unprofitable plants. Comment! [Breaking News, Commodities, On the Move]
Tuesday, April 30, 12:22 PM Latin American steelmaker Ternium (TX +5.1%) surges higher after saying it won’t pursue a purchase of ThyseenKrupp's (TYEKF.PK) steel plant in Rio de Janeiro state in Brazil because of its valuation and industry conditions in Brazil. TX says it is assessing alternative growth options after backing out of the bidding process. (Q1 earnings) Comment! [Commodities, On the Move]
Friday, April 26, 4:39 PM Steel prices have slumped sharply this month, prompting steelmakers (SLX) such as Nucor (NUE), ArcelorMittal (MT) and ThyssenKrupp to send out letters last week notifying customers that they would no longer offer discounts on index prices, WSJ reports. The effort to halt rampant undercutting faces challenges from other steelmakers that continue to offer discounts and special deals. Comment! [Commodities]
Tuesday, March 19, 6:05 PM Final offers for ThyssenKrupp's (TYEKF.PK) steel plants in Brazil and Alabama reportedly are well below expectations, as the German steel maker enters the final stretch of a long sales process. A deal could be announced as early as April, but likely will trigger a further writedown of ~$1.3B because the bids are far below the current $5B book value of the plants. 4 Comments [Commodities, Global & FX]
Friday, March 15, 10:15 AM Italian-Argentine steelmaker Ternium (TX) may make a firm bid for ThyssenKrupp's (TYEKF.PK) money-losing mill in Brazil, but its current proposal isn't very attractive, local reports say. Krupp is said to want to conclude the sale of its Steel Americas unit, which includes the Brazilian mill and another compound in Alabama, by September. Comment! [Commodities, Global & FX]
Friday, March 8, 10:58 AM ThyssenKrupp (TYEKF.PK) +6.2% in Frankfurt trading after Gerhard Cromme unexpectedly resigned as chairman of the supervisory board. Cromme's departure brings to an end a reign that began 27 years ago; he had been facing calls to resign since huge writedowns last year prompted the steelmaker to cancel its dividend for the first time. Comment! [Commodities]
Tuesday, February 12, 8:39 AM ThyssenKrupp (TYEKF.PK) reports a 38.4% decline in its FQ1 net profit on a 7.9% drop in revenue, as continuing weak steel demand in Europe and pressure on steel prices more than offset strength in its technologies units. Krupp says it hopes to achieve EBIT of ~€1B in FY 2013 vs. €1.3B in 2012, with revenue matching the prior-year's €40B. Comment! [Global & FX]
Tuesday, January 29, 4:32 PM ArcelorMittal (MT) and Nippon Steel (NSSMY.PK), the world's two biggest steel makers, reportedly team up to bid ~$1.5B for ThyssenKrupp's (TYEKF.PK) Alabama plant. The two companies are jointly bidding to split the costs and give the Japanese firm access to MT's existing rolling steel slabs in Latin America. Nucor (NUE) also is said to be interested in the site. Comment! [Commodities, Global & FX]
Wednesday, January 16, 3:41 PM ArcelorMittal (MT) and Nucor (NUE) reportedly each bid $1.5B in separate offers for ThyssenKrupp's (TYEKF.PK) steel operations in Alabama, while Siderúrgica Nacional submitted a $3.8B bid for the Alabama plant and a majority stake in a Brazilian facility. ThyssenKrupp, which invested $11.8B in the two plants, is expected to update shareholders at its annual meeting Friday. Comment! [Commodities]
Wednesday, January 9, 12:39 PM ArcelorMittal (MT -3.8%) has submitted a bid to ThyssenKrupp (TYEKF.PK) reflecting its interest in purchasing the German steelmaker's steel plant in Alabama, MT's CFO says. A successful bid would strengthen MT's presence in the U.S. automotive sector while stemming losses at Krupp, which suffered huge cost overruns and massive losses during the ramp-up of the Alabama plant. Comment! [Commodities, On the Move]
Thursday, December 13, 2012, 5:21 AM ArcelorMittal (MT) CEO Lakshmi Mittal confirms the company could be interested in acquiring ThyssenKrupp's (TYEKF.PK) steel plant in Alabama. Credit Suisse's Michael Shillaker reckons that buying the facility, likely to fetch $1B-1.5B, "could be a smart move," but probably would add to MT's high net debt. On France, where MT has had its problems, Mittal says it's still a "place we can do business" in. Comment! [M&A, Commodities]
Friday, November 30, 2012, 3:11 PM Brazilian steelmaker CSN (SID -6.6%) is offering to buy ThyssenKrupp's plants in the Americas for ~$3B, Bloomberg reports. ThyssenKrupp announced in May that a sale of its U.S. and Brazilian plants is among strategic options amid rising building costs and project delays. Comment! [Commodities, Global & FX, On the Move]
Wednesday, October 10, 2012, 9:02 AM Five suitors are interested in acquiring one or both of ThyssenKrupp's steel mills in Brazil and the U.S. following the first round of bidding for the assets, Die Welt reports. ArcelorMittal (MT) is interested in the steel finishing plant in Alabama, while other potential buyers include Brazil's Vale (VALE), South Korea's Posco (PKX) and Japan's JFE Steel. (previous) 1 Comment [Commodities]

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