28
Jul
01:00
Scholz bows out of stainless and aluminium to focus on scrap
Scholz group of southern Germany has divested its stainless steel service centre operations, Scholz Edelstahl (SES) in Essingen, near Aalen, to an undisclosed Indian investor.
The new buyer plans to strengthen the SES business, and sees the acquisition as a way of significantly growing its European presence, Scholz tells Kallanish. Scholz declined to disclose details, other than that the deal should conclude in the third quarter at the latest, subject to the u…
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Very good overview of the weekly steel market.
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