05
Oct
13:03
EU approves Jacquet acquisition of Swiss Steel subsidiaries
The European Commission has approved the acquisition of six subsidiaries of Germany's Schmolz+Bickenbach, part of Swiss Steel, by French Jacquet Metal Service.
The investigation concluded there are no competition concerns “as the market share increments are modest, the switching costs for customers are low, and customers will continue to have an adequate number of alternative suppliers in all relevant markets,” the Commission says in a document obt…
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Anonymous
Very good overview of the weekly steel market.
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