25
Jan
15:14
Acerinox to invest €140m in Spanish operation
Stainless steel producer Acerinox will install an annealing and pickling line as well as a new cold rolling mill at its Campo de Gibraltar operation, southern Spain, the company tells Kallanish.
According to Acerinox, the installation of the equipment, which is expected to start up by the end of 2016, will require an investment of €140 million ($151m).
The news was announced by the company’s chairman, Rafael Miranda, and ceo, Bernardo Vel&aacu…
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Very good overview of the weekly steel market.
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