23
Dec
16:59
Administrators negotiate supply deals to keep KPS operating
Special steel bar producer Kiveton Park Steel (KPS) in Sheffield, UK, in administration since the end of September, has been given more breathing space, Kallanish learns from the company’s receivers.
Administrators FRP Advisory says that supply deals struck with automotive manufacturers, originally set to expire in mid-December, have now been extended for another 6 months. This guarantees the jobs of the 100-strong workforce while the sale of the business …
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Anonymous
Very good overview of the weekly steel market.
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