20
Jun
16:25
AM Castle declares bankruptcy
US service centre chain AM Castle has declared chapter 11 bankruptcy, Kallanish learns from a company statement.
AM Castle expects to exit its voluntary restructuring in 45-60 days. A plan for emergence is already in place and approved by its creditors.
“This filing testifies to the support of our secured creditors and is the next critical step in returning AM Castle to industry leadership,” says ceo Steve Scheinkman. “Our creditors’ o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous