Tata Steel – Steel firms Thyssenkrupp and Tata Steel to merge, create 2nd largest European steelmaker

Tata Steel Tata owns the UK’s largest steelworks at Port Talbot Tata Steel Tata Steel and Thyssenkrupp have agreed a merger that will create Europe’s second-biggest steelmaker. The deal will mean Indian-owned Tata Steel’s UK plants are merged into a pan-European venture with annual sales of about £13bn. These include the UK’s biggest steelworks at Port Talbot in Wales, which …