29
May
01:00
Welser takes a share in Wuppermanns Hungarian HDG venture
Austria’s Welser Profile will be taking a stake in the greenfield hot-dip galvanizing plant Wuppermann is building in Hungary and, to that effect, has signed a partnership agreement with the German group.
The steel profile producer will take a 25.1% share in the projected company, Wuppermann Hungary Kft, thus making it a joint venture between two strip processing companies with complementing activities. The deal includes the supply of a large amo…
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Anonymous
Very good overview of the weekly steel market.
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