18
Mar
00:00
Swedish iron ore miner Dannemora files for bankruptcy
Swedish iron ore miner Dannemora Mineral filed for bankruptcy with the Uppsala District Court on 18 March. It attributes the decision largely to insufficient time to secure funding for the investments needed to keep it competitive, and short-term liquidity problems. The company announced a temporary production stoppage earlier this week.
Its restructuring programme, launched last May, “resulted in significant progress [...] and the company has been cash …
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Anonymous
Very good overview of the weekly steel market.
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