On Wednesday 8 November, the European Commission opened an in-depth investigation into the planned acquisition of Ilva by ArcelorMittal, due to concerns of a distortion of competition in the flat carbon steel products market.
Both companies are active in this market segment. ArcelorMittal is the largest producer of flat carbon steel in Europe and the world, with a large production network within the European Economic area (EEA). Ilva also produces flat carbon steel, with major production...