27
Mar
08:06
Ascometal terminates sale to Acciaierie Venete
The sale of Ascometal’s French units to Italian long steel producer Acciaierie Venete will not go ahead. The Swiss Steel-owned special steelmaker has chosen not to exercise the option-to-purchase agreement signed with Acciaierie Venete, but did not disclose why, Kallanish notes.
The sale, announced in December last year, was to include the Hagondange facility in the Moselle region, Custines in Meurthe-et-Moselle, and the Le Marais plant in the Loire region, …
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Very good overview of the weekly steel market.
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