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Mon, 29.04.2024       Swiss Steel Holding AG

Lucerne, April 29, 2024 – Swiss Steel Holding AG, a global leader in special long steel, today announces the nominations for election to the Board of Directors. Alexander Gut, Karl Haider and Martin Lindqvist will be proposed as new members of the Board of Directors at the Annual General Meeting on May 23, 2024. Jens Alder will initially be nominat [ … ]
Mon, 25.03.2024       Swiss Steel Holding AG

Lucerne, March 25, 2024 The Board of Directors members Barend Fruithof and Oliver Streuli, both representatives of the major shareholder PCS Holding AG, have informed Swiss Steel Holding AG of their immediate resignation from the Board of Directors. This resignation is in connection with the decision by PCS Holding AG, as rumored in the press, not [ … ]
Thu, 14.03.2024       Swiss Steel Holding AG

To further strengthen the Group, additional financial, strategic and operational measures to be implemented, including a ca. EUR 300 million equity capital increase and new financing arrangements Lucerne, March 14, 2024 Sales volume decreased by – 17 % from 1,663 in 2022 to 1,375 kilotons in 2023, especially materializing in the second half of th [ … ]
Thu, 14.03.2024       Swiss Steel Holding AG

Lucerne, March 14, 2024 | Swiss Steel Group announces the decisions of the Swiss Takeover Board regarding validity of a planned opting-out clause in the articles of association (863/01) and regarding a restructuring exemption from the obligation to make a public takeover offer (865/01) On January 12, 2024, Swiss Steel Holding Ltd. submitted a reque [ … ]
Wed, 20.12.2023       Swiss Steel Holding AG

Lucerne, December 20, 2023 Ascometal France Holding, a subsidiary of Swiss Steel Group, a leading producer of special long steel solutions, enters into exclusive negotiations with Acciaierie Venete, a leading Italian steelmaker, who has firmly committed to take-over several production sites in France.  The contemplated transaction is fully aligne [ … ]
Mon, 18.09.2023       Swiss Steel Holding AG

Lucerne, September 18, 2023 The recovery of the specific demand in the European core market during the summer months did not materialize as expected by Swiss Steel Group. The Group continues to be confronted with several challenges, including volatile raw material and energy prices, supply chain disruptions and ongoing geopolitical uncertainties.  [ … ]
Thu, 31.08.2023       Swiss Steel Holding AG

Lucerne, August 31, 2023 Svein Richard Brandtzæg has informed Swiss Steel Group that he intends to leave the Board of Directors as of 5 October 2023. Dr. Brandtzæg explains his decision with his workload as Chairman of dormakaba Holding AG, which role he assumed 1 May 2023. Jens Alder, Chairman of the Board, says: “We thoroughly regret to lose ou [ … ]
Thu, 10.08.2023       Swiss Steel Holding AG

Sales volume decreased by – 19 % from 937 kilotons in the first half of 2022 to 756 kilotons in the first half of 2023 due to generally lower demand, amplified by customer destocking Revenue for the first half of 2023 in comparison fell by – 13 % year over year from EUR 2,144.6 million to EUR 1,857.3 million despite also lower input cost from decr [ … ]
Mon, 19.06.2023       Swiss Steel Holding AG

Lucerne, June 19, 2023 Swiss Steel Group was informed that BigPoint Holding AG, controlled by Martin Haefner, has sold a participation of 8.07% in Swiss Steel Holding AG to PCS Holding AG controlled by Peter Spuhler. This results in a new shareholding in Swiss Steel Holding AG by BigPoint Holding AG of 32.73%. Peter Spuhler and PCS Holding AG have [ … ]
Mon, 19.06.2023       Swiss Steel Holding AG

Lucerne, June 19, 2023 Swiss Steel Group was informed that BigPoint Holding AG, controlled by Martin Haefner, has sold a participation of 8.07% in Swiss Steel Holding AG to PCS Holding AG controlled by Peter Spuhler. This results in a new shareholding in Swiss Steel Holding AG by BigPoint Holding AG of 32.73%. Peter Spuhler and PCS Holding AG have [ … ]

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