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19 Jul
11:19

Two Ascoval bidders present industrial plans

France’s Altifort group and French industrialist Michel Goueffon have presented their industrial plans for troubled steelmaking plant Ascoval in Saint Saulve, union sources tell Kallanish. Ascoval is a joint venture between Vallourec and French special steel supplier Asco Industries. As reported in January last year, Asco purchased 60% of the Saint-Saulve mill from Vallourec, creating a new JV company called Ascoval. When Asco filed for bankruptc…
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