Europe's troubled steelmakers finally head for long-craved deals
Tata Steel holds joint venture talks with Thyssenkrupp; Arcelor-Mittal moves to take control of Ilva plant
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London
EUROPE'S wounded steel industry might be about to get the deals that it has been crying out for.
The latest hope for the sector emerged last Friday as the continent's second biggest producer Tata Steel Ltd said that it was in talks with third-ranked Thyssenkrupp AG about a possible joint venture. That closely follows largest producer Arcelor- Mittal's move to take control of Ilva, Europe's top steel plant.
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