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The European Union's antitrust regulator says it's blocking a planned merger between German steelmaker Thyssenkrupp and India's Tata Steel because the move would have cut competition and pushed up prices......»»

Alfried Krupp von Bohlen und Halbach Stiftung - Thyssenkrupp's biggest shareholder - said it had supported the company's management in its joint venture plans with India's Tata Steel and the planned split up......»»

India's Tata Steel Ltd said on Friday it will explore all options for its European steel business after its proposed joint venture with German steel giant ThyssenKrupp AG failed to secure regulatory approval......»»

Steelmaking giant Thyssenkrupp of Germany says it expects European antitrust regulators to block its plan to combine its European operations with India's Tata Steel......»»

Tata Steel on Friday said that the European Commission does not intend to clear its proposed joint venture with Germany's Thyssenkrupp......»»

The European Union is drawing up a peace offer it hopes will end trade hostilities with the White House and avoid steel and aluminum tariffs being imposed on the bloc in two weeks’ time, according to European officials......»»

Thyssenkrupp and Tata Steel in September agreed in principle to combine their European steel activities.....»»

Apart from Vedanta, Tata Steel, Renaissance Steel, Edelweiss Asset Reconstruction had also submitted resolution plans.....»»

The EU antitrust watchdog decided to clear Arcelor's offer on Tuesday, after seeking feedback from rivals and customers on the concessions.....»»

The producer is in talks with banks about a six-month bridge facility.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The Trump administration, unable to win concessions from European Union counterparts ahead of a Friday deadline, is planning to make good on a threat to apply tariffs on European steel and aluminum, according to people familiar with the matter......»»

The move could inflame trans-Atlantic trade tensions (WASHINGTON) — President Donald Trump’s administration is planning to impose tariffs on European steel and aluminum imports after failing to win concessions from the Europe.....»»

President Donald Trump's administration is planning to impose tariffs on European steel and aluminum imports after failing to win concessions from the European Union, a move that could provoke retaliatory tariffs and inflame trans-Atlantic trade tensions......»»

Word is that the United States now plans to allow the European Union's exemption to President Trump's announced 25% tariff on imported steel, and 10% tariff on imported aluminum, to lapse. However,........»»

The European Union expects to hit U.S. imports with additional duties from July, ratcheting up a transatlantic trade conflict after Washington imposed its own tariffs on incoming EU steel and aluminium. Fred Katayama reports......»»

Germany's Thyssenkrupp and India's Tata Steel say they've signed a deal to merge European steel operations into a new firm......»»

Thyssenkrupp needs to quickly settle who will lead a planned European joint venture with Tata Steel , a labor leader said on Wednesday......»»

South Korean plaintiffs in a World War Two forced labor court case against Japan's Nippon Steel & Sumitomo Metal Corp have applied to seize some of Nippon Steel's Korean assets, a South Korean newspaper reported on Wednesday......»»

South Korean plaintiffs in a World War Two forced labor court case against Japan's Nippon Steel & Sumitomo Metal Corp have applied to seize some of Nippon Steel's Korean assets, a South Korean newspaper reported on Wednesday......»»