03
Mar
10:22
CLN buys Vertek, plans to convert business
CLN has officially purchased Vertek, part of the former Lucchini group located near Turin, and the last asset available for sale. It is set to change the direction Vertek's business however, Kallanish understands from sources.
Vertek specialised in the production and supply of special steels bars and wire rods, but the CLN group's strength lies in the supply of flat products for the automotive sector. The new owner is expected to conv…
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Anonymous
Very good overview of the weekly steel market.
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