03
Oct
09:54
AST to delay industrial plan, Marcegaglia strengthens credit
Italian special steel producer Acciai Speciali Terni (AST) has told trade unions in a meeting that it intends to delay completion of its industrial plan by two years, Kallanish learns from trade union sources. AST is currently owned by Germany’s thyssenkrupp.
“This meeting is only increasing our concern regarding the company’s declarations that AST is not strategic. This strategy of putting off the industrial plan however cannot hinder the futu…
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Anonymous
Very good overview of the weekly steel market.
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