Emirates Steel Arkan cancels plan to buy stake in Thyssenkrupp steel unit, sources say

Emirates Steel Arkan has cancelled its plans to acquire a stake in the steel division of Germany-based Thyssenkrupp, sources close to the Middle Eastern company have told Fastmarkets.

The company started considering buying a stake in Thyssenkrupp’s steel division in April this year. But Emirates Steel Arkan had no comment on the issue on Monday July 31, it...


Serife Durmus

Julia Bolotova

July 31, 2023

14:08 GMT

Brussels, Bursa