Peugeot says "concerned" over steel sector competition

Newswire

PARIS, Jan 27 (Reuters) - French cargroup PSA Peugeot Citroen said on Friday it was "concerned" about competition in the steel industry when asked to comment on a bid by Mittal for its rival Arcelor . "We have no direct comment or opinion on this operation," said a spokesman for Europe's fifth-biggest carmaker by market capitalisation. "But we are following developments in this important supply sector closely and are already concerned about competition in the industry," the spokesman ...

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