03
Dec
20:53
GFG acquires Keystone to grow Liberty Steel USA
Sanjeev Gupta’s GFG Alliance tells Kallanish that it has signed a binding agreement to purchase all of the outstanding stock in US steelmaker Keystone Consolidated Industries, Inc. (KCI) from Contran Corporation (Contran). The group adds KCI to its current Liberty Steel Georgetown, South Carolina operation acquired from ArcelorMittal at the end of 2017.
Under terms of the deal, GFG subsidiary Liberty Steel USA will acquire KCI, including all its subsidiari…
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Anonymous
Very good overview of the weekly steel market.
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