18
Dec
07:47
Dongbu Steel prefers LNS Networks bid: reports
According to media reports, Korea’s fifth-largest steel mill, Dongbu Steel, has chosen LNS Networks as the priority bidder to offload its electric arc furnace facilities, Kallanish notes. The mill itself has issued a statement saying it is in negotiations, but has not settled on a final bidder.
The dismantling of the furnace is estimated to be completed by the end of the year. Dongbu Steel owns two 160-tonne EAFs which were commissioned in 2009, on…
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Anonymous
Very good overview of the weekly steel market.
Anonymous