Steel Mills
Rene Obermann to Join ThyssenKrupp Supervisory Board
Written by Sandy Williams
October 29, 2013
Rene Obermann, chief executive of Deutsche Telekom AG, will replace Prof. Dr. Beatrice Weder di Mauro on the ThyssenKrupp Supervisory Board effective November 1, 2013. Economist Weder di Mauro resigned after being appointed to a European Commission group on fiscal development of the euro zone.
Obermann was appointed to the Board by a local court until the next Annual General Meeting of ThyssenKrupp AG on January 17, 2014. At that time she will be stand for election by the shareholders.
Prof. Dr. Hans-Peter Keitel has been elected by shareholder representatives on the Board to succeed Weder di Mauro as member of the Nomination Committee.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Ternium pushes forward with growth projects despite slump in earnings and Mexican market
Ternium S.A. Fourth quarter ended Dec.31 2024 2023 Change Net sales $3,876 $4,931 -21.4% Net income (loss) $333 $554 -39.9% Per diluted share $1.43 $2.11 -32.2% Full year ended Dec.31 Net sales $17,649 $17,610 0.2% Net income (loss) $174 $986 -82.4% Per diluted share $(0.27) $3.44 -108% (in millions of dollars except per share) While […]

Kestenbaum, Ancora state their case in proxy fight for U.S. Steel
Ancora Holdings is moving forward with its proxy fight to oust U.S. Steel’s leadership and install a new board of directors and Alan Kestenbaum as CEO.
BlueScope shelves midstream facility but still upbeat on US
BlueScope Steel is pulling back on its expansion plans in the US for now but remains optimistic about the North American market.

Japanese PM cites ‘unjust political interference’ in Nippon/USS deal: Report
Japan’s Prime Minister Shigeru Ishiba said on Monday that former President Joe Biden’s decision to block Nippon Steel’s buy of U.S. Steel was “unjust political interference,” according to a report in Reuters. This comes after another Reuters report on Friday saying that President Trump would not object to Nippon taking a minority stake in the […]

Trump says Nippon will ‘invest heavily’ in USS rather than buy it
Nippon Steel has agreed to “invest heavily in U.S. Steel as opposed to own it,” President Donald Trump said on Friday during a press conference with Japanese Prime Minister Shigeru Ishiba. U.S. Steel is “a very important company” and was once “the greatest company in the world”. Of potential foreign ownership of the Pittsburgh-based steelmaker, Trump said, “the concept, psychologically, not good."