13
Sep
07:09
Hellenic Steel's new owner finalises purchase
The US-based company Jordan International is finalising the purchase of the troubled coil re-rolling mill of Hellenic Steel, in Northern Greece, following all the relevant approvals by local authorities.
According to sources close to the company, the acquisition should be concluded in the second half of September. The plant is expected to employ some 400 workers to produce 350,000 tonnes/year of finished products through an investment in the mill calculated at a…
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Anonymous
Very good overview of the weekly steel market.
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