Report

SSAB : IJmuiden? And why not?

>A timely expression of interest confirmed - SSAB has confirmed that it is in talks with Tata Steel Group to potentially acquire steel company IJmuiden (Netherlands) and related downstream assets belonging to Tata Steel Europe. SSAB says 1/ it has participated in various discussions aimed at consolidating Europe’s steel industry, 2/ talks with Tata are still in the early stages and 3/ there is no guarantee that a transaction will actually materialise. We believe this ...
Underlying
SSAB AB Class A

SSAB is a supplier of high strength steels with products comprising various qualities and dimensions within wear steels and structural steels. Co.'s solutions also include services, from concept to finished delivery. SSAB Wear Services also provides advice, repairs, and sales of spare parts to the aftermarket. The business is organized into three business areas; SSAB Americas, SSAB EMEA and SSAB APAC as well as the subsidiary, Tibnor, which is a steel distributor in the Nordic region. SSAB EMEA consist of Europe, the Middle East and Africa; SSAB Americas of North and Latin America; SSAB APAC of Asia, Australia and New Zealand and Tibnor of steel and metal distribution in northern Europe.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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