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New Company Name for Duferco

On 8 January, in San Zeno Naviglio, the Extraordinary General Meeting gathered to make decisions after the end of the jointventure with the American Partner Nucor. The Assembly changed the old company legal name with the new one i.e. Duferco Travi e Profilati S.p.A.

UMS Group Acquires ALTEO

Following the decision of the commercial court on 7 January, ALTEO/FR is now out of the court-supervised legal redress and joins the United Mining Supply (UMS) Group.

Tata Steel and POSCO Join Forces to Develop Innovative High-Speed Travel

Steel maker Tata Steel in Europe and POSCO from South Korea will collaborate to develop and test cutting-edge steels and tube designs. The innovative steel concepts will be used to create a hyperloop – a tube big enough to carry a passenger or freight pod able to travel at more than 1000 km/h while using very little energy.

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Withdrawal of Contract