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Case facts
Outline | European Commission merger investigation into the planned acquisition by Outokumpu of Inoxum (Case M.6471) | |||
Parties | Outokumpu and Inoxum Outokumpu is a Finnish-based group that produces and distributes stainless steel products throughout the world. Inoxum is the stainless steel division of the German company ThyssenKrupp AG. Inoxum produces and distributes stainless steel and high alloy products. | |||
Market(s) | Cold rolled stainless steel products. Stainless steel is a steel alloy with a minimum content of 10.5% chromium and a maximum of 1.2% carbon. The addition of chromium gives it stainless properties. Stainless steel is highly resistant to corrosion. It is a high-value product compared to carbon steel, accounting for 2% of the worldwide steel |
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