Page 90 - Steel Tech India eMagazine Volume October 2020

81. Ŗ 01 Ŗ 1EVQDGT

CHHGEVGF QYKPI VQ VJG RCPFGOKE Œ JG UCKF ő1RGTCVKQPCN that TaVC KU QRGP VQ IGVVKPI TKF QH VJG 7- DWUKPGUU CPF
EQUVU JCXG DGGP UKIPKſECPVN[ UNCUJGF CPF ECRGZ DGKPI ,KPI[GŏU GZRTGUUKQP QH KPVGTGUV KU CP QDXKQWU TGURQPUG
CNNQECVGF KU QH NCUV [GCT 9G CTG FGNGXGTCIKPI QWT VQ VJCV 9KVJ VJG JKIJ EQUV QH QRGTCVKQPU CPF YGCM
DCNCPEG UJGGV CPF HQEWUKPI QP GUUGPVKCN URGPFU CPF FGOCPF KP 'WTQRG 6CVC 5VGGN 'WTQRG YKNN EQPVKPWG VQ
OCKPVGPCPEG +P C HCKTN[ EJCNNGPIKPI OCTMGV QRGTCVKPI TGOCKP C FTCI QP VJG EQORCP[ŏU QXGTCNN RTQſVCDKNKV[
DWUKPGUU JCU PQV CFFGF VQ VJG PGV FGDV Œ
Swedish Steelmaker Eyes Tata Europe Deal as
6CVC 5VGGN RQUVGF C UVGGR EQPUQNKFCVGF PGV NQUU QH Thyssenkrupp Backup
` ETQTG KP VJG #RTKN ,WPG SWCTVGT DGECWUG QH VJG
DNGGFKPI 7- DWUKPGUU 6JG +PFKCP GPVKV[ TGRQTVGF C 5YGFKUJ UVGGNOCMGT 55#$ #$ KU GZRNQTKPI C
RTQſV QH ` ETQTG KP VJG ſTUV SWCTVGT FGURKVG VJG EQODKPCVKQP YKVJ 6CVC 5VGGN .VF ŏU 'WTQRGCP DWUKPGUU
NQEMFQYPU CU C DCEM WR RNCP VQ C FGCN YKVJ 6J[UUGPMTWRR #) COKF
KPFWUVT[ EQPUQNKFCVKQP CEEQTFKPI VQ RGQRNG HCOKNKCT YKVJ
#EEQTFKPI VQ NCVGUV TGRQTVU VJG $TKVKUJ IQXGTPOGPV VJG OCVVGT 55#$ KU JQNFKPI RTGNKOKPCT[ VCNMU YKVJ 6CVC
JCU TQRGF KP KPXGUVOGPV DCPMGTU VQ JGNR VJTCUJ QWV C
TGUEWG RNCP HQT VJG EQWPVT[ŏU DKIIGUV UVGGN RTQFWEGT 5VGGN QH +PFKC CU KV UGGMU OGTIGT QRVKQPU
CHVGT OQPVJU QH VCNMU QXGT C FGCN VJCV EQWNF RTGUGTXG Steel producers in Europe are under pressure to
VJQWUCPFU QH LQDU 5M[ 0GYU TGRQTVGF VJCV %TGFKV EQPUQNKFCVG JCXKPI DGGP DCVVGTGF D[ YGCMGT FGOCPF
5WKUUG JCU DGGP CUMGF D[ VJG 6TGCUWT[ VQ CFXKUG QP CPF INQDCN QXGTECRCEKV[ EQODKPGF YKVJ UQCTKPI RTKEGU
VCNMU QH KTQP QTG CPF JKIJ UWRRN[ QH NQY EQUV KORQTVGF UVGGN
6JG OCPCIGOGPV QH 6CVC 5VGGN KU NGHV YKVJ NKOKVGF #U C TGUWNV UGXGTCN OCLQT RTQFWEGTU CTG URGCMKPI VQ
QRVKQPU VQ VWTP CTQWPF KVU UKEM 'WTQRGCP DWUKPGUU 0 GCEJ QVJGT CDQWV RQVGPVKCN OGTIGTU 55#$ KU COQPI
%JCPFTCUGMCTCP CV VJG EQORCP[ŏU CPPWCN IGPGTCN UVGGNOCMGTU KPVGTGUVGF KP CESWKTKPI UVGGN CUUGVU HTQO
OGGVKPI #)/ JCF UCKF VJG EQORCP[ UKORNKſGF 6J[UUGPMTWRR VJG )GTOCP EQPINQOGTCVG VJCVŏU
VJG UVTWEVWTG KP 'WTQRG D[ TGFWEKPI VJG PWODGT QH TGUVTWEVWTKPI VQ GPUWTG KVU UWTXKXCN 6JCV KU VJGKT RTGHGTTGF
UWDUKFKCTKGU VQ HTQO QXGT *G CFFGF VJG RCTVPGT FWG VQ VJG UVTCVGIKE ſV $WV VJG 5YGFKUJ RWTUWKV
OCPCIGOGPV KU CEVKXGN[ KPXQNXGF KP ſPFKPI C UWUVCKPCDNG YCU EQORNKECVGF D[ PGYU VJCV 5CPLGGX )WRVCŏU .KDGTV[
and structural solution in Europe. 5VGGN JCF OCFG C PQP DKPFKPI KPFKECVKXG QHHGT HQT VJG
China’s Jingye interested in Tata Steel’s Port Talbot )GTOCP DWUKPGUU 6J[UUGPMTWRR YKNN ECTGHWNN[ GZCOKPG
Steelworks VJG QHHGT YJKNG EQPVKPWKPI FKUEWUUKQPU YKVJ QVJGT
RQVGPVKCN RCTVPGTU VJG EQORCP[ UCKF KP C UVCVGOGPV
+V KU NGCTPV VJCV ,KPI[G )TQWR VQNF 6CVC 5VGGNŏU RCTGPV
EQORCP[ CPF VJG IQXGTPOGPV VJCV KV KU MGGP VQ GZRNQTG 4GRTGUGPVCVKXGU HQT 55#$ 6CVC 5VGGN .KDGTV[ 5VGGN CPF
C VCMGQXGT QH $TKVCKPŏU NCTIGUV UVGGN RTQFWEGT ,KPI[GŏU 6J[UUGPMTWRR FGENKPGF VQ EQOOGPV YJGP EQPVCEVGF
KPVGTGUV YCU CV C VGPVCVKXG UVCIG CPF KPUKUVGF VJCV VJGTG 6J[UUGPMTWRR RTGXKQWUN[ VTKGF VQ RCTVPGT YKVJ 6CVC
YCU PQV C HQTOCN UCNG RTQEGUU HQT 6CVC 5VGGN 7-ŏU 'WTQRG DWV VJG LQKPV UVGGN XGPVWTG HCEGF QRRQUKVKQP KP
QRGTCVKQPU &KUEWUUKQPU DGVYGGP 6CVCŏU +PFKCP RCTGPV HTQO 'WTQRGCP TGIWNCVQTU +VŏU CNUQ JGNF KPKVKCN VCNMU
CPF VJG IQXGTPOGPV JCF HCKNGF VQ OCMG UWDUVCPVKCN YKVJ 55#$ CPF 6CVC CU YGNN CU FQOGUVKE TKXCN 5CN\IKVVGT
RTQITGUU KP VJG YGGMU UKPEG KPXGUVOGPV DCPMGTU YGTG #) QXGT C RQVGPVKCN EQODKPCVKQP YKVJ KVU UVGGN WPKV
FTCHVGF KP VQ JGNR OKPKUVGTU VJTCUJ QWV C FGCN
55#$ %JKGH 'ZGEWVKXG 1HſEGT /CTVKP .KPFSXKUV UCKF VJG
+H ,KPI[G YJKEJ EQPENWFGF KVU CESWKUKVKQP QH $TKVKUJ EQORCP[ KU őPQV GPICIKPI KP CP[ DKFFKPI RTQEGUUŒ HQT
5VGGN HTQO NKSWKFCVQTU KP /CTEJ FKF CESWKTG 6CVC 5VGGN 6J[UUGPMTWRR UVGGN *G FKFPŏV EQOOGPV QP YJGVJGT
7- KV YQWNF TGWPKVG VJG 2QTV 6CNDQV CPF 5EWPVJQTRG VJG EQORCP[ KU JQNFKPI VCNMU YKVJ 6CVC +P #WIWUV
UVGGNYQTMU VJG VYQ NCTIGUV KP VJG 7- WPFGT EQOOQP 6CVC 5VGGN %JCKTOCP 0CVCTCLCP %JCPFTCUGMCTCP
ownership. The Scunthorpe plan was owned by Tata UCKF VJCV VJG EQORCP[ YCU HWNN[ CYCTG QH VJG PGGF VQ
5VGGN WPVKN YJGP KV YCU UQNF VQ VJG KPXGUVOGPV
ſTO )TG[DWNN %CRKVCN #NVJQWIJ NCTIG RCTVU QH $TKVCKPŏU TGUVTWEVWTG VJG 'WTQRGCP DWUKPGUU CPF CEVKXGN[ NQQMKPI
UVGGN KPFWUVT[ JCXG DGGP WPFGT VJG EQPVTQN QH HQTGKIP HQT C UWUVCKPCDNG UVTWEVWTCN UQNWVKQP UQ VJCV VJG +PFKC
QYPGTU HQT OQTG VJCP C FGECFG VJG WPKſECVKQP QH VYQ QRGTCVKQPU CTG PQV HWPFKPI VJGUG GPVKVKGU 6CVC YQWNF
UWEJ DKI GORNQ[GTU WPFGT %JKPGUG QYPGTUJKR YQWNF CNUQ DG KPVGTGUVGF KP TGXKUKVKPI C RQVGPVKCN VKG WR YKVJ
draw scrutiny. 6J[UUGPMTWRRŏU UVGGN WPKV VQ UGG KH TGIWNCVQT[ CRRTQXCN
EQWNF DG CEJKGXGF VJG UGEQPF VKOG CTQWPF QPG QH VJG
6JG TGRQTV SWQVKPI C DCPMGT UCKF VJGTG CTG ENGCT UKIPU
people said.

88 STEEL TECH