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Acerinox abandons talks with Aperam to create a steel giant

The music is over.

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Acerinox abandons talks with Aperam to create a steel giant

The music is over. If on Friday the merger drums were sounding between Acerinox and Aperam to create a steel giant, today the company chaired by Bernardo Velázquez reports that they have agreed "not to go ahead with the preliminary talks with Aperam."

On Thursday, news broke that Acerinox and its rival Aperam, the stainless steel producer spun off from ArcelorMittal, could combine their respective businesses. The echoes of the merger increased on Friday, when both companies confi

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