11
Apr
15:06
Duferco buys Stefana's last remaining asset
The Duferco group has acquired the last remaining asset of Stefana, the Italian long products' supplier in administration, Kallanish understands from local media.
As reported, the administrators received a bid for the site, located in Nave, for €5 million ($5.3m) earlier in March, then requested any interested parties to submit higher bids by 11 April. The facility, containing equipment for rolling bars and wire rod, has been assigned finally …
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Anonymous
Very good overview of the weekly steel market.
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