According to MEPS, Europe’s four major stainless steel producers have all been involved in significant restructuring since the beginning of 2011. It seems unlikely that this is mere coincidence. It is perhaps understandable that large companies should reorganise internally to try to improve profitability in such testing times as these. However, there is inevitable speculation that at least some of this activity has been in preparation for consolidation in the …
Source : Fastener World Inc – Read the full Article via Consolidation in the EU Stainless Steel Sector is a Step Nearer