Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229- 91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu.  
  EUROPEAN COMMISSION  
Brussels, 14.12.2021  
C(2021)  9660 final  
PUBLIC VERSION 
Acciaieria Arvedi S.p.A.  
Piazza Lodi, 7  
26100 Cremona  
Italy 
Subject : Case M. 10513 – ACCIAIERIA ARVEDI / FINARVEDI / ACCIAI 
SPECIALI TERNI / THYSSENKRUPP STAINLESS / THYSSENKRUPP  
STAINLESS TURKEY METAL SANAYI VE T  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No  139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 17 November 2021, the European Commission rece ived notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which Acciaieria 
Arvedi S.p.A. (Italy) (‘Acciaieria Arvedi’)  acquires,  within the meaning of 
Article  3(1)(b) of the Merger Regulation, control of the whole of  Acciai Speciali Terni 
S.p.A. (Italy) (‘AST’) , thyssenkrupp Stainless GmbH  (Germany)  and thyssenkrupp 
Stainless Turkey Metal Sanayi ve Ticaret A.S.  (Turkey). The concentration is 
accomplished by way of  purchase of shares .3 
2. The business activities of the undertakings concerned are:  
− for Acciaieria Arvedi : manufacturing  and sale of carbon steel products, including 
carbon steel coils, welded carbon steel tubes and cold drawn carbon steel tubes, 
welded stainless steel tubes as well as other activities in the s teel sector , 
− for AST, thyssenkrupp Stainless GmbH  and thyssenkrupp Stainless Turkey Metal 
Sanayi ve Ticaret A.S. : manufacturing, distribution and supply of certain stainless 
steel products, such as standard or custom size sheet or steel coils in all stainl ess 
steel grades, welded pipes and tubes and rectangular profiles for several sectors 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( the ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union’  and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Publication in the Official Journal of the European Union No C 4 73, 24.11.2021 , p. 31. 

2 like automotive, energy production, steelmaking industries, food preservation and 
construction market . 
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation and of 
paragraph 5( c) of the Commission Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No  139/2004.4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in applicat ion of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agreement . 
For the Commission 
 
 (Signed)  
Olivier GUERSENT  
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5.