Thyssen Krupp to merge with Outokumpu ?

ThyssenKrupp, Europe’s largest stainless steel maker, will have to find creative ways to dodge anti-trust bullets as it seeks an ally to cut stainless steel overcapacity in the region. ThyssenKrupp and rivals Outokumpu, ArcelorMittal and Acerinox have all racked up eye-popping losses in their stainless operations amidst a worldwide economic slump. Recession-driven consolidation is a must in [...]