26
Jan
11:15
Ascometal takes a majority share in Saint Saulve
French seamless tube maker Vallourec and special long steel producer Asco Industries have finalised the acquisition of a majority shareholding by Asco in the former’s Saint Saulve steel mill, Kallanish learns from Vallourec.
A new company, Ascoval S.A.S., 60% owned by Asco Industries and 40% by Vallourec, will own all the assets of the steel mill. The creation of Ascoval, which plans to integrate the site’s 320 employees, includes a major investment …
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Anonymous
Very good overview of the weekly steel market.
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