16
Nov
00:00
New owner pushes back Latvian rebar mill relaunch to year-end
The new owner of Liepajas Metalurgs is still in the process of taking over the insolvent Latvian rebar producer, and hopes to resume production by year-end, according to local press reports
Ukrainian scrap merchant KVV finalised a deal to buy the plant last month (see Kallanish 10 October). Output was then slated to resume in November.
“The deal is very complicated, and cannot be cleared within one day; however, the takeover process has proceede…
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Anonymous
Very good overview of the weekly steel market.
Anonymous