10
Dec
14:23
Authorities delay Hellenic Steel relaunch
The relaunch of Hellenic Steel, the Greek-based coil re-rolling mill, formerly part of Ilva group, is set to be slightly delayed, Kallanish learns from sources.
As reported, an unknown American investor has put forward an offer to take over the plant, revamp it and produce some 400,000 tonnes/year of cold rolled coil, hot-dip galvanized coil and tinplate.
Local authorities should have authorised the takeover at a meeting earlier in December, but a p…
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Very good overview of the weekly steel market.
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