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A whole. Steel production accounts for well over Seven Billion Euros of income each year at Towson Corp Steel made products like elevators are worth almost as much products made for the car industry and socalled Industrial Solutions are also lucrative but the biggest unit by far this material services. A merger is the companys response to overcapacity in the steel Market Worldwide to some cough and ta ta believe a Joint Venture will make them more efficient but workers feel their futures are being put on the line. And cripps chief Financial Officer calque often often why the company wanted to manage its european steel business with indias tata at a time when the segment is profitable and substantially contribution to overall results. One thing one clearly has to say about steel markets if we look at the recent past im Going Forward as well it is a volatile market so you see periods of good good earnings and of worse earnings and the underlying issue of that is that we still have overca

Towson corp steelSeven billion eurosSeven billionCar industryIndustrial solutionsJoint ventureChief financial officerWork forceNightmare itUnion representativesMarket reactionFrankfurt conrad let sGota bosonCrude tradingTata steelBoard members