30
Jan
14:59
Hungarian government buys Ozdi Acelmuvek stake
The Hungarian government has bought a 20% shareholding in long steelmaker Ozdi Acelmuvek for over €30 million ($34.2m) from German parent company Max Aicher.
Max Aicher plans to invest €60m into revamping technology at the Hungarian plant in order to improve product quality and range, according to Hungarian Minister of Innovation and Technology Laszlo Palkovics. The government considers an important element of national self-determination to b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous