/Tag: JV

Tata Steel strikes European deal to secure jobs

2018-08-09T08:24:58+00:00August 3rd, 2018|2017/2018, UK Edition - August 2018|

The joint venture with Thyssenkrupp will help address Indian market needs, according to the Indian steel giant. The chairman of Tata Steel welcomed the definitive agreement with German steel major Thyssenkrupp to create a new joint venture company as a “historic” development that would strengthen the steel industry across Europe and India. N. Chandrasekaran was addressing a joint press conference with Thyssenkrupp CEO Heinrich Hiesinger in Brussels at the end of June to mark the creation of Europe’s second-largest steel giant in the form [...]