FOCUS: European steelmaker consolidation could help control prices, costs

By IM Staff
Published: Wednesday, 25 November 2020

European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of the European flat steel market, sources told Fastmarkets.

By Maria Tanatar

And in November 2020, rumors about two major potential sales of European mills have finally been confirmed:

Tata Steel in Netherlands is in negotiations with SSAB and Liberty Steel made non-binding offers for Thyssenkrupp’s steel unit. Fastmarkets spoke to European flat steel producers and distributors to see what...

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