Archived Thyssenkrupp, Tata sign deal to become Europe's second biggest steelmaker (phys.org)
submitted ago by killer7
Posted by: killer7
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Archived Thyssenkrupp, Tata sign deal to become Europe's second biggest steelmaker (phys.org)
submitted ago by killer7
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[–] ArsCortica 0 points 1 point 1 point (+1|-0) ago
I understand the merger in that the US is pulling back as a trade partner and China would much rather export its dirt-cheap (and dirt-poor) steel to other countries rather than importing foreign resources, but a fusion between an Indian and a German company on this scale might easily lead to trouble when the governments of the two nations develop opposing goals.