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21 Sep
13:33

Italy’s AST to remain outside Tata/tk merger

The Italian stainless steel supplier Acciai Speciali Terni (AST), controlled by thyssenkrupp, is set to be excluded from the merger announced this week between Tata Steel Europe and thyssenkrupp. Trade unions in Italy have expressed their concern over this in a note seen by Kallanish. AST has been managed separately from thyssenkrupp's mainline steel business in recent years. European authorities forced the German steelmaker to retain con…
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