CORRECTION: Thyssenkrupp shipyard deal

Wednesday, 16 April 2014 01:01:52 (GMT+3)   |   San Diego
       

SteelOrbis reported April 14 that German steelmaker Thyssenkrupp in in talks with Swedish specialty steel producer SSAB regarding the sale of Swedish shipyard activities ThyssenKrupp Marine Systems AB.  The company in talks with Thyssenkrupp is actually Swedish defense group Saab, which is unaffiliated with the car company of the same name; it is best known for building fighter jets and other defense systems. SteelOrbis regrets the error.