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09 Jul
12:52

Doosan prepares to sell Romanian steel plant subsidiary

Doosan Heavy Industries & Construction is preparing to sell its Romania-based IMGB steel casting and forging plant, a source at the Romanian firm tells Kallanish. The plant’s melting shop consists of two 50-tonne electric arc furnaces, which were modified to 75t; however, only one was functional over the last two years. Production most recently amounted to 35,000-50,000 tonnes/year of carbon and medium-alloyed steel. The firm consumed some 30,000 t/y of …
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