17
Jan
14:54
Liepajas Metalurgs sale to kick off in February
The sale process of insolvent Latvian long steelmaker KVV Liepajas Metalurgs (KVVLM) will commence in February following an evaluation of the plant’s assets in coordination with creditors, according to local press reports.
KVVLM administrator Guntars Koris is reported to be close to signing up Ernst & Young (EY) to advise on the sale and help attract potential investors. Neither Guntars Koris nor EY were prepared to comment when prompted by Kallanish.
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Anonymous
Very good overview of the weekly steel market.
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