08
Dec
00:00
GCC sells part of stake in prospective Saudi pig iron producer
Gulf Investment Corporation (GIC) has agreed to sell 13% of its stake in titanium di-oxide and prospective Saudi-based pig iron producer Cristal to National Industrialization Company (Tasnee) for $482 million.
The industrial investment arm of the six Gulf Cooperation Council (GCC) states, which retains a 20% shareholding in Cristal following the deal, tells Kallanish it was approached by petrochemical producer Tasnee about the sale, but has not specified its rea…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous