SSAB reported to be interested in Tata Steel’s Dutch operations

Monday, 26 October 2020 18:04:25 (GMT+3)   |   Istanbul

Swedish specialty steel producer SSAB is interested in acquiring Indian steelmaker Tata Steel’s operations at the IJmuiden plant in the Netherlands, according to media reports. Meanwhile, Bloomberg quoted a Tata Steel spokesperson saying that the company does not wish to comment on speculations.

SSAB was in discussions with German steelmaker ThyssenKrupp about taking over ThyssenKrupp’s steel unit. However, Liberty Steel Group has since made a bid to acquire the loss-making steel unit of ThyssenKrupp.

Most Recent Related Articles

Liberty Steel could have access to books of Thyssenkrupp soon

German crude steel output increases by 3.1 percent in October

Poland-based JSW’s sales revenues down in Jan-Sept due to coronavirus

Canada-based Champion Iron to acquire Kami project

SSAB confirms interest in Tata Steel's Dutch mill