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...