30 JUN

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

Thomson 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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