13
Aug
15:38
Ampco sets rights offering pricing
US mill roll supplier Ampco-Pittsburgh has set its pricing for a $20 million rights offering, Kallanish understands.
Shareholders of record will be allowed to purchase up to 12,800,795 units, priced at $3.50/unit.
“We have made significant progress in turning around the business,” says ceo Brett McBrayer. “The restructuring of our portfolio, cost reduction measures, and operation efficiency improvements over the past two years have helped…
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Very good overview of the weekly steel market.
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