26
Jun
14:26
Ahmsa's future complicated by disagreement over debt restructuring
The future of Altos Hornos de México (Ahmsa) remains uncertain following the failure of shareholders to reach an agreement over the company's restructuring debt. If a plan is not approved and presented to Mexico’s Commercial Court before 4 August, the steelmaker will be declared bankrupt, the company confirms to Kallanish.
Ahmsa's proposal to reduce the outstanding debt by 94% and pay the remaining 6% over 17 years was rejected by a group of 2…
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Anonymous
Very good overview of the weekly steel market.
Anonymous