voda schreef op 12 december 2017 16:50:
Weinig nieuws hier, zal ik dan weer een voorzetje geven? :-)
Thyssenkrupp Tata Steel merger to increase competition in Europe – Mr Aditya Mittal
Published on Tue, 12 Dec 2017
Global Handelsblatt reported that European head of ArcelorMittal, the world’s largest steelmaker, told that ThyssenKrupp’s agreed merger with Tata Steel’s European operations will likely lead to further cutbacks in steel production at other European companies. Mr Aditya Mittal said “The ThyssenKrupp-Tata merger means new measures, synergy effects, combined research and lower costs. We need to find an answer to increase the pace of our Action 2020 corporate strategy and transformation program to stay as competitive as in the past.”
Mr Mittal said that demand for steel has fallen in Europe since 2000, Chinese efforts to rein in exports are beginning to bite and ArcelorMittal has carried out its own production reductions. He said “As a result, company’s steel plants in Europe are now working at full capacity.”
He added “Consolidation is always beneficial because it creates synergies and gives you an improved cost base. This increases competition.”
Source : Global Handelsblatt