02
May
13:56
Eramet completes divestment of non-core assets
French miner Eramet has completed the divestment of its lossmaking subsidiary Aubert & Duval (A&D) to a consortium that includes Airbus, Safran and Tikehau Ace Capital. Together with high-speed steel producer Erasteel, A&D is part of Eramet’s high-performance alloys division, Kallanish notes.
Aubert & Duval is a supplier of specialty steels and superalloy parts for the aerospace, defence, nuclear and medical industries. The company generates …
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Very good overview of the weekly steel market.
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