Iron and Steel

Tata Steel to expand European business through merger with ThyssenKrupp

Tata Steel to expand European business through merger with ThyssenKrupp
Mining News Agency -According to the statistic, Tata Steel`s crude steel capacity of 3.27 million tons in India, while the capacity of 2.67 million tons in Europe.
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Mining News -Due to the operating strategy, India’s production and delivery accounted for 50% of the total amount in the group.

Some market participants explained that Tata Steel Limited operated performance decreased slightly in Europe because the seasonal pressure and planning maintain.

Furthermore, they expected to complete the final agreement of businesses for European through the merger with ThyssenKrupp by the end of March, which successfully gained the market share in Europe.


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