Tata Steel looks to split up European units to find buyers

Tata Steel has been having a pretty horrid time trying to get rid of its loss-making European steel business. Last year, the European Commission rejected a potential merger with ThyssenKrupp’s equally struggling steel business on competition grounds. The combination of two such significant European steelmakers would give them undue dominance in the European market, the…

The post Tata Steel looks to split up European units to find buyers appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Tata Steel has been having a pretty horrid time trying to get rid of its loss-making European steel business. Last year, the European Commission rejected a potential merger with ThyssenKrupp’s equally struggling steel business on competition grounds. The combination of two such significant European steelmakers would give them undue dominance in the European market, the...

The post Tata Steel looks to split up European units to find buyers appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.