Tue, Sep 26, 2017
The two firms agreed last week to combine their European steel operations in a move to create the continent`s second-largest steelmaker with revenues of about 15 billion euros ($18 billion).
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Sat, Feb 11, 2017
Tata and Thyssenkrupp shares have firmed on hopes a merger would trigger European steel capacity cuts. Tata Steel UK, Britain`s top steelmaker, is seeking regulatory approval to spin off its 15 billion pound scheme into a standalone entity because Thyssenkrupp will not take on its pension liabilities in a tie-up.
Tue, Sep 13, 2016
Hans Fischer, MD & CEO of Tata Steel in Europe, said, "Modest forecasted growth in European steel demand this year is still being undermined by increased imports which is leading to continued declines in domestic deliveries. That's why its vital we continue every effort to improve our competitiveness."
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