Two years later British Steel and Hoogovens of the Netherlands formed Corus.

两年后，英国钢铁公司（British Steel）与位于荷兰的Hoogovens公司合并，组成科罗斯（Corus）公司。

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For one thing, both British Steel and Hoogovens are healthy competitors with strong balance sheets.

ECONOMIST: European steel

Acquiring Hoogovens will diversify British Steel's sales portfolio and diminish its currency risk quite nicely.

ECONOMIST: European steel

As it squeezes margins and diminishes currency risk, the euro may well spur further deals like the mooted marriage between British Steel and Hoogovens.

ECONOMIST: European steel