Two steel giants are merging — despite Trump’s move to turn the industry on its head

FILE PHOTO: A worker operates a furnace at a steel plant in Hefei, Anhui province August 18, 2013.  REUTERS/Stringer/File PhotoThomson Reuters

  • Tata Steel and Germany’s Thyssenkrupp, two huge steel businesses, have agreed to merge.
  • The German-based company’s executive board approved the plans on Friday after signing a memorandum of understanding last September.
  • The deal comes at a time when President Donald Trump’s tariff agenda has turned the global steel industry upside down.

 


Tata Steel and German firm Thyssenkrupp have agreed a merger deal.

See the rest of the story at Business Insider

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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