22
Aug
20:03
TMK denies US sale rumours
Russian steelmaker TMK says it does not plan to divest its US division despite some published reports to the contrary, Kallanish understands.
A spokeswoman for TMK Ipsco, the US wing of TMK, says reports that a divestiture is being considered are not accurate.
“The American division is not being sold or divested,” she says. “We have reduced our costs and in 2015 idled two plants. We are now concentrating on improving our financial performanc…
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Anonymous
Very good overview of the weekly steel market.
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