Sumitomo and Nippon Steel to acquire American Standard Iron and Steel Holding

The European Union has approved the acquisition of American Standard Iron and Steel Holding Company by Sumitomo and Nippon Steel. The target produces forged steel wheels and axles for freight rail and rolling stock, mainly in North America.

“the European Union has approved Sumitomo of Japan and Nippon Steel to acquire American Standard Iron and Steel holding Company.”news.metal.com

• 1 source
• news.metal.comEU: approval for Sumitomo and Nippon Steel to acquire American Standard Iron and Steel holding Company - Shanghai Metals Market (SMM)Jul 8, 2019

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