22
Mar
12:40
Salzgitter talks to Vallourec about HKM stake
The two German stakeholders of Hüttenwerke Krupp-Mannesmann (HKM) – thyssenkrupp Steel and Salzgitter – are negotiating with the third owner, Vallourec, about a transfer of its stake in the big mill in Duisburg.
While Salzgitter’s 30% stake is smaller than thyssenkrupp Steel’s 50%, it could be more serious about taking Vallourec’s 20% shareholding because of its similar activities in tubes. France-based Vallourec shut all its pla…
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Anonymous
Very good overview of the weekly steel market.
Anonymous