25
Jul
13:39
French authorities approve Greybull's new Ascoval acquisition plan
The acquisition of the French EAF-based steelmaking plant of Ascoval by the investment fund Greybull has been approved again by French authorities. This comes after the investment plan was revised following the issues affecting British Steel, formerly owned by Greybull before it went into administration.
According to the new plan, Greybull will invest €47 million ($52m) into the plant located in Saint Saulve. The same amount will also be invested by French …
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Anonymous
Very good overview of the weekly steel market.
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