21
Jul
11:34
Mertex UK saves troubled German pipemaker Rohrwerk Maxhütte
Rohrwerk Maxhütte, which late last year filed for insolvency, has found a white knight in Mertex UK, a distributor of pipe and other steel and metals related products, Kallanish notes.
Rohrwerk Maxhütte, located in the Franconia region of northern Bavaria, has been threatened with closure several times over the last 20 years, after the shutdown of its blast furnace in the 1990s. In December last year, it filed for insolvency again. The mill makes seamles…
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Anonymous
Very good overview of the weekly steel market.
Anonymous