22
Jun
18:14
Highveld receives offer for plate mill
Evraz Highveld’s business rescue practitioners (BRPs) are negotiating an offer received for the plate mill of the troubled firm, which is being wound down due to insolvency.
The BRPs said last year the plate mill was among the firm’s non-strategic assets awaiting sale and was valued at ZAR 12.16 million ($854,000) (see Kallanish 19 July 2016).
The BRPs are also seeking a buyer for Highveld’s direct reduced iron kilns. They have already sold …
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