EU Consolidation: AM Still Growing

The Financial Times has an article (that’s not behind their paywall) discussing AM’s purchase of Taranto Steelworks in Italy. It goes on to discuss consolidation of the industry in the EU and a potential joint venture between AM, Tata and ThyssenKrup. Interesting because Thyssen has disclosed their intention to exit steelmaking.

Update 11/12/17: Looks like the Italian authorities aren’t so sure about AM’s purchase: link. And AM is now eyeing Essar: link

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s