10
Oct
11:27
NLMK partners with investment fund for Belgium development
NLMK Group and Belgian investment fund SOGEPA will jointly execute the development strategy of NLMK Belgium Holding (NBH), the steelmaker says.
The cooperation agreement provides for both parties to hold a 49% equity stake in NBH. It has been supported by a payment of €100 million ($110m) from each party towards NBH charter capital between 2019 and 2021. This is to fund NLMK's Strategy 2022 investment projects directed at boosting capacity of niche prod…
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Anonymous
Very good overview of the weekly steel market.
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