05
May
13:23
Turkish wire producer awaits Liepajas Metalurgs acquisition approval
Turkish wire producer Aslanli Metalurji has issued a €3 million ($3.6m) offer to acquire Liepajas Metalurgs’ electric arc furnace and real estate, promising to invest €200m in the site over five years, according to Turkish press reports.
The company declined to provide additional information on the subject. Media reports however say a purchase contract has been signed for the EAF mill. If the necessary approvals are given by the Latvian g…
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Anonymous
Very good overview of the weekly steel market.
Anonymous