Indian competition watchdog disapproves of Thyssenkrupp-Tata Steel JV

Indian competition watchdog disapproves of Thyssenkrupp-Tata Steel JV

The Thyssenkrupp AG logo sits illuminated at the entrance to the company's steel plant in Duisburg, Germany, on Wednesday, Dec. 20, 2017. Photographer: Krisztian Bocsi/Bloomberg

India’s largest steelmaker Tata Steel Ltd will explore new options after competition watchdog European Commission blocked its proposed joint venture (JV) with Germany’s Thyssenkrupp on Friday.

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