23
Feb
00:00
Spain's FerroAtlntica to merge with US Globe Specialty Metals
Spain’s FerroAtlántica and the US-based Globe Specialty Metals, both active in silicon metals and silicon alloys, with FerroAtlántica also supplying ferroalloys, have agreed to merge. The new company will be worth a combined $3.1 billion (€2.7bn), with pro-forma revenues of around $2.3bn, and ebitda of some $325 million before synergies.
They tell Kallanish that together they will have a more diversified production base and business …
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Anonymous
Very good overview of the weekly steel market.
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