14
Oct
15:20
Sunningwell extends Polish plate mill lease
Sunningwell has extended until 30 June 2021 its contract to lease Polish plate mill Huta Czestochowa (HCz). The investment firm also reiterates its intention to acquire the insolvent steelworks.
Sunningwell was the only company to make a valid bid in the previous, July tender. It had been gearing up over summer to complete the mill’s acquisition. Last week, however, the Czestochowa district court said it will hold a new tender for the sale of HCz after Sunni…
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Anonymous
Very good overview of the weekly steel market.
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