23
Jun
10:50
EU court upholds Commission's Tata-thyssenkrupp merger prohibition
The General Court of the European Union has upheld the European Commission’s decision in 2019 that the proposed Tata Steel Europe-thyssenkrupp joint venture would be incompatible with the internal market and the European Economic Area.
The rejection of the merger had been anticipated by the two companies, who called off the merger plan in May 2019 (see Kallanish passim).
The proposal related primarily to metallic coated and laminated steel products for pack…
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Anonymous
Very good overview of the weekly steel market.
Anonymous