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07 Apr
01:00

Worldsteel's Eder calls on EU steelmakers to cut capacity first, not merge

Worldsteel association chairman, Wolfgang Eder believes there is no need for more takeovers in the European steel industry, or that further steel mergers are indeed possible. In a recent interview for Dow Jones Newswires, Eder contradicts the view of bosses at Germany’s ThyssenKrupp, who say they want their company to take an active role in future industry consolidation (see Kallanish, 8 December). According to Eder: “Today, we have more car produc…
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