Bid by Sweden’s SSAB for Tata’s IJmuiden packaging steel business makes compelling logic

SSAB’s bid for Tata Steel’s IJmuiden integrated steelworks in the Netherlands, including its packaging steels business, fits in with the Swedish steelmaker’s strategy of focusing on added-value sectors of the industry, a leading analyst has claimed. “Tinplate is a novel market for SSAB, but the Covid epidemic has shown markets such as food cans can…