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

 

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