20
Dec
09:50
Klöckner buys Mexican steel processor
Germany’s Klöckner Group says it is acquiring steel supplier and processor National Material of Mexico (NMM), Kallanish learns from the company.
NMM is a subsidiary of the National Material Limited Partnership (NMLP) steel division, one of the largest independent steel traders in the US.
The transaction, which is valued at $340 million on a cash and debt-free basis, is being made by Klöckner's US subsidiary, Kloeckner Metals Corporation (KMC).…
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Anonymous
Very good overview of the weekly steel market.
Anonymous