14
Jun
01:00
Hegang-Duferco gets South African approval
South Africa has approved the merger of Swiss-based Duferco International Trading and China’s Hebei Iron and Steel (Hegang). The decision brings Hegang’s South Africa expansion plans one step closer, Kallanish notes.
South African authorities set conditions for the merger, including guaranteeing the future of Duferco’s existing steel operations in the country. Duferco operates Duferco Steel Processing and Duferfco Distribution Services in t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous