04
Mar
00:00
Walloon government ups stake in NLMK's Belgian steel mills to 49%
The regional government of Walloon, Belgium is to play a greater role, and increase its financial stake significantly in the local mills belonging to NLMK. The Russian group said late on 4 March that it had signed an agreement with Sogepa, (Societe Wallonne de Gestion et de Participations), which is owned by the Walloon region, that “provides for the increase of Sogepa’s stake in NLMK Belgium Holdings (NBH) and joint management of NBH’s businesses…
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Anonymous
Very good overview of the weekly steel market.
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