02
Jul
15:18
Almost all potential buyers abandon Ascometal purchase
The Strasbourg administrative tribunal is set to make a decision on 8 July regarding the fate of Ascometal's four plants, which are currently facing insolvency.
According to sources familiar with the matter, there is currently only one offer on the table, from British fund Greybull, for the French plants located in Hagondange, Custines, Saint-Etienne, and the Leffrinckoucke-based les Dunes unit in the north.
Acciaierie Vente, Sidenor, and France’s Euro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous