The Hindu Business Line

Focus on Tata Steel on JV with Thyssenkru­pp

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Tata Steel will remain in focus, as the company said it supports the logic behind a joint venture with Thyssenkru­pp, days after the companies submitted proposals to the European Commission for a nod to the proposed partnershi­p. However, steel workers at Thyssenkru­pp expect farreachin­g guarantees for jobs and plants even if a planned joint venture with Tata Steel falls apart. Last year, the two companies had agreed to combine their European steel activities.

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