20
Apr
12:50
Saudi Steel Pipe completes subsidiary buyout
Saudi Steel Pipe (SSP) has completed the buyout – initially agreed in February 2016 – of South Korean partner TSM Tech Company in joint venture TSM Arabia, Kallanish learns from the welded pipemaker.
SSP announced in January 2016 it planned to acquire the 30% stake it did not yet own in process equipment manufacturer TSM Arabia because TSM Tech Company was facing financial difficulties (see Kallanish passim). The South Korean firm will remain as tech…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous