【SMM Steel】Flacks Group ready to bid for Thyssenkrupp's steel unit if Jindal deal fails

Published: Mar 10, 2026 09:25

Save

【SMM Steel】Talks between Thyssenkrupp and Jindal Steel over TKSE since autumn continue with no formal offer yet. US fund Flacks Group said it is prepared to bid if current negotiations fail. Flacks, focused on distressed assets, was picked by Italy for exclusive talks on Acciaierie d'Italia in Dec. It remains focused on Italy but monitors major steel firms.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

Weekly Survey of Rolling Lines in Central China

Weekly Survey of Rolling Lines in Central China: This Period Still Saw Concentrated Production Resumptions at EAF Steel Mills, and Central China Construction Steel Production Rose Steadily

Common.Time.minsAgo

Common.Time.hoursAgo

【SMM Steel】EU receives AD complaint on Vietnamese copper pipes

【SMM Steel】The EC has accepted a valid application for an AD investigation into copper pipes from Vietnam. Authorities are now identifying Vietnamese exporters for potential case initiation. If launched, questionnaires will be sent. Vietnam's Trade Remedies Authority urges exporters to submit 2023-2025 shipment data (volume & value) to coordinate with the EC and help firms prepare response plans.

Common.Time.hoursAgo

【SMM Steel】US makes final AD ruling on rebar from Algeria

【SMM Steel】The USDOC made a final affirmative AD determination on rebar from Algeria on Mar 3, 2026, covering Apr 1, 2024 - Mar 31, 2025. A 127.32% margin was set for Tosyali and all other Algerian exporters. Products include rebar in straight lengths or coils, all types, lengths, diameters, and grades.

Common.Time.hoursAgo