04
Jul
11:50
Marcegaglia finalises US galvanized tube divestment
Italian tube maker Marcegaglia has finalised the sale of its galvanized tube production plant in Munhall, Pennsylvania, to Synalloy Corp. subsidiary, Bristol Metals, Kallanish learns from the company.
This in in line with the strategic divestment of the re-roller’s US based assets started in 2017, in order to focus on developing core markets and businesses. “The total deal value, in the range of $30 million, will accelerate the growth of the gro…
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Anonymous
Very good overview of the weekly steel market.
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