02 Jul 2018 -
After more than two years of negotiations, India’s Tata Steel and Germany’s thyssenkrupp have agreed to combine their European steel business through a 50-50 joint venture.
21 Jun 2018 -
The No. 12 continuous annealing line at Tata Steel Packaging in IJmuiden, Netherlands, has been restarted following upgrades to its automation system and electrics, according to the equipment supplier on the project.
13 Jun 2018 -
Tata Steel and thyssenkrupp are said to be revisiting the terms of their proposed European joint venture on account of a valuation gap that has opened up between the two businesses, reports Germany’s Handelsblatt business newspaper.
12 Jun 2018 -
Tata Steel’s European works council has raised new doubts over the combination of the steelmaker’s European strip business with thyssenkrupp’s steel division, making it less likely that a deal will come to fruition by the end of the month, reports the Reuters news service.