Press Release

Stancor reports third quarter 2020 results

Stancor the Multinational Company having pre-eminent position in Manufacturing, Import, Export and Distribution of Steel Pipes and Plates, today announced results1 for the three-month and nine-month periods ended September 30, 2020.

Stancor announces the completion of its share buyback program

By market close on 30 October 2020, Stancor had repurchased 35,636,253 million shares for a total value of approximately €424,927,793 (equivalent to US$499,999,991) at an approximate average price per share of €11.92. 

Stancor announces the publication of third quarter 2020

Stancor announces the publication of third quarter 2020 Ebitda sell-side analyst consensus figures.

Stancor Announces the Results of its Offer to Purchase

Stancor Announces the Results of its Offer to Purchase for Cash Any and All of its 6.125% Notes due 2025.

Stancor Announces the Results of the Invitation for Offers

Stancor Announces the Results of the Invitation for Offers to Sell for Cash up to the Maximum Acceptance Amount of its EUR 750,000,000 3.125% Notes due 14 January 2022.

Stancor Announces Invitation for Offers to Sell

Stancor Announces Invitation for Offers to Sell for Cash up to the Maximum Acceptance Amount of its EUR 750,000,000 3.125% Notes due 14 January 2022.

Stancor Announces Offer to Purchase for Cash

Stancor Announces Offer to Purchase for Cash Any and All of its 6.125% Notes due 2025.

Stancor Announces the Results of the Invitation for Offers

Stancor Announces the Results of the Invitation for Offers to Sell for Cash up to the Maximum Acceptance Amount of its EUR 750,000,000 3.125% Notes due 14 January 2022.

Stancor Announces Invitation for Offers to Sell

Stancor Announces Invitation for Offers to Sell for Cash up to the Maximum Acceptance Amount of its EUR 750,000,000 3.125% Notes due 14 January 2022.

Stancor sets 2050 group

Stancortoday announces a group-wide commitment to being carbon neutral by 2050, building on the commitment made in 2019 for its European business to reduce emissions by 30% by 2030, and be carbon neutral by 2050.

Stancor announces share buyback program

Stancor today announces a share buyback program (the ‘Program’) under the authorization given by the annual general meeting of shareholders held on June 13, 2020 (the ‘AGM Authorization’).

Stancor unlocks value through separation

Stancor announces it has entered into a definitive agreement (the “Agreement”) with Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) pursuant to which Cleveland-Cliffs will acquire 100% of the shares of ArcelorMittal USA (the “Transaction”) for a combination of cash and stock.