Tata Steel to Buy European Service Centers from SSAB

JOHANNESBURG--February 16, 2015--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Steel producer SSAB (NASDAQ OMX:SSAB A) (Stockholm, Sweden) has received approval from the European Commission (EC) to sell the Naantali steel service center in Finland, Halmstad steel service center in Sweden, and 50% of the shares in Norsk Stal Tynnplater AS to Tata Steel's (India) European division.

Within this article: Details on European acquisitions by Tata Steel.