07
May
13:15
Austrian competition authority probes Acerinox's proposed Haynes acquisition
The Austrian Federal Competition Authority (Bundeswettbewerbsbehörde – BWB) has referred the proposed acquisition of US alloy steelmaker Haynes International by Acerinox due to competition concerns, Kallanish notes.
BWB says the proposed merger should not be approved in its current form and has therefore submitted an application to the Cartel Court for in-depth examination (Phase II).
“As part of its merger control review, the BWB collected exten…
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Anonymous
Very good overview of the weekly steel market.
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