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09 Sep
01:00

Ascometal will not buy Saint-Saulve, risk of closure says union

French engineering steels producer Ascometal will not buy Vallourec’s Saint-Saulve steel mill in Northern France, a trade union member tells Kallanish. “10 potential buyers visited the site but no official proposals have been presented so far,” the union member says. The legal deadline to find a buyer for Saint-Saulve is 31 December. “If the management doesn’t find a buyer before December the steel mill will shut down,” the …
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