#Thyssenkrupp, #Tata Steel agree to forge #Europe's No. 2 steelmaker. #ArcelorMittal  | Mining, Drilling and Discovery | Scoop.it
Germany's Thyssenkrupp (TKAG.DE) and India's Tata Steel (TISC.NS) struck a preliminary deal on Wednesday to merge their European steel operations in a 50-50 joint venture to create the continent's No.2 steelmaker after ArcelorMittal (MT.AS).