Steel

Corus appoints Philippe Varin as CEO

23 Apr 2003

Before he can achieve this, Varin will have to decide which assets Corus should sell. The main task for the exPechiney executive at the struggling AngloDutch steelmaker is to renegotiate bank loans.

Corus in talks with two steelmakers – reports

3 Apr 2003

Given the tattered state of Corus finances the reports are on balance encouraging. If it is to stave off a liquidity crisis, it looks like Corus needs to sell assets or itself and fast.

Corus aluminium deal on a knife-edge

11 Mar 2003

The court s decision may determine whether Corus faces a rescue rights issue or a debtforequity swap. The metals group is taking its Dutch supervisory board to court in an effort to force the sale through.

Corus ties itself up in another knot

19 Feb 2003

Governance problems from the merger that formed the AngloDutch steel maker have crept out of the woodwork. They are hampering a planned disposal, potentially throwing the group's finances into turmoil.

Corus warns of losses, axes Brazil deal

13 Nov 2002

Abandoning its merger with CSN will deny Corus access to big cost savings. Even more worrying, the core business at home is showing continuing deep losses.

Corus warns of losses, axes Brazil deal

13 Nov 2002

Steel nut

12 Sep 2002

Mind the gap

26 Jul 2002

Not a steal

17 Jul 2002

Rust never sleeps

5 Jul 2002

Slouching towards Bethlehem

9 May 2002

Corus, back to the core.

17 Mar 2002

Steel yourself for more baloney

15 Mar 2002

Steel trap

6 Mar 2002

Heard in Europe: Skeletons in ThyssenKrupp’s closet

27 Feb 2002

Gold bottomed

21 Jan 2002

Counter foil.

7 Jan 2002

Golden paradox

29 Nov 2001

Shotgun steel deal

21 Nov 2001

Nerves of steel

16 Nov 2001