24
Jun
12:03
France mulls uniting Ascoval, Hayange under new owner
French authorities are rumoured to be considering a solution to unite the steelmaking plant of Ascoval and the rail mill of Hayange under one new owner.
The units have been linked by strategic supply partnerships for some years now, but local authorities believe they could be strengthened by a merger dedicated to the production of high-value added rail, Kallanish notes.
Ascoval is controlled by Greybull, but the investment fund has indicated it would be will…
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Anonymous
Very good overview of the weekly steel market.
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