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11 Sep
09:38

Bekaert to close Costa Rica steel fibre plant

Bekaert has announced its intention to exit Costa Rica by shutting its steel fibre manufacturing plant in Orotina and closing the Bekaert Costa Rica entity, Kallanish learns from the company. “The high cost base of the entity and increased competitive price pressure in the construction markets serviced in Latin America, have affected the plant's financial performance to a level that is no longer sustainable. The measures implemented in r…
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