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10 Mar
11:38

Spain's Sidenor looks to offload forging business: reports

Sidenor, the Spanish special steelmaker, has confirmed in a meeting with the unions the intention to find a solution to reduce its presence in the forgings and castings business. This will be done through the sale of the business unit or a technical partnership, Kallanish learns from local reports. According to reports, the forging and casting business, concentrated at the Reinosa plant, northern Spain, only represents 7% of Sidenor’s consolidate…
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