20
Sep
18:00
Sunningwell agrees to lease Huta Czestochowa
Sunningwell International Polska has signed an agreement to lease ISD Huta Czestochowa (HCz) for 12 months. The investment fund will pay a PLN 1.8 million ($453,000) leasing fee.
Sunningwell has already paid a deposit of PLN 6m and three months of rent. Its next rent payment for the following three months must be paid by 2 October. The firm also agreed it will be unable to lay off any workers or make capital expenditure on the plant without the permission of the…
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Anonymous
Very good overview of the weekly steel market.
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