17
Feb
00:00
Zelezara Smederevo remains in state hands after Esmark deal falls through
Serbian steelmaker Zelezara Smederevo will remain in state hands after the government rejected the final counter offer presented by US flat steel service centre group Esmark Steel, according to state news agency Tanjug.
The government will instead carry out a public tender to select a new management team for the steelworks, with the view to restarting Smedervo’s No 2 blast furnace. The intention is to run the furnace at a minimum of 50% capacity by yea…
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Anonymous
Very good overview of the weekly steel market.
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