13
Jan
00:00
Buderus needs to cut 75 in Wetzlar to improve special steels competitiveness
German special steels producer, Buderus Edelstahl is undergoing a restructuring, as well as “an intense investment programme”, informed sources tell Kallanish. The three-year project represents a total investment of €66 million ($77.7m), which will renew the steel mill, and is due for completion in June 2015.
Since 2005 around €372m has been invested in the site in Wetzlar, Kallanish hears: One goal of the on-going programme is to strengt…
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Anonymous
Very good overview of the weekly steel market.
Anonymous