ThyssenKrupp remains open to EU steel consolidation after Tata jv disappointment

By IM Staff
Published: Wednesday, 15 May 2019

German steelmaker ThyssenKrupp is still open to consolidation in the European flat steel sector despite the European Commission's opposition to its proposed merger with Tata Steel's flat steel business in the region.

German steelmaker ThyssenKrupp remains open to consolidation in the European steel sector, chief executive officer Guido Kerkhoff said in a conference call with analysts on Tuesday May 14.

The statement came after news of the expected failure of its European flat steel joint venture with...

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