25
Jun
01:00
Hebei Iron and Steel finalises majority holding in Duferco
Duferco (DITH) tells Kallanish that it has now finalised an agreement with Hebei Iron and Steel Group Co. Ltd (HBIS) by which the Chinese steelmaker will acquire a majority holding in the Swiss-based trader.
The companies have now secured all the necessary regulatory approvals Duferco says. “This agreement builds on HBIS’s existing equity stake in DITH and will solidify an already strong commercial partnership by providing both parties an unparal…
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Anonymous
Very good overview of the weekly steel market.
Anonymous