"The Vereinigte Stahlwerke AG (VSt or Vestag, United Steelworks) was a German industrial conglomerate producing coal, iron, and steel in the interbellum and during World War ...
II.
Founded in 1926, economic pressures (decreasing prices and excess capacities) led to the union of several companies, including Thyssen AG, Phoenix AG für Bergbau und Hüttenbetrieb [de], Rheinische Stahlwerke, Rhein-Elbe-Union GmbH, Deutsch-Luxemburgische Bergwerks- und Hütten-AG [de; lb], Bochumer Verein [de; no], and Gelsenkirchener Bergwerks-AG [da; de]. This group united of most German iron, steel and coal producers but did not include Hoesch AG, Krupp AG, Klöckner-Werke, Gutehoffnungshütte [de; fr; nl; sv], and Mannesmann." - (en.wikipedia.org 25.06.2021)