Acerinox-Aperam stainless steel tie-up unlikely, analysts say

Apr 25, 2012 | 07:23 AM |

A merger between stainless steel producers Acerinox and Aperam is still unlikely, analysts told Metal Bulletin this week. A potential Acerinox-Aperam merger was first mooted after German steelmaker ThyssenKrupp announced on January 31 that its Inoxum stainless steel arm was to merge with Finland’s Outokumpu in a deal valuing the former at €2.7 billion ($3.5 billion). The Inoxum-Outokumpu deal sparked speculation about possible further consolidation in the sector, including a....

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