28
Jan
12:44
Feralpi to take full control of Caleotto
Italian headquartered longs supplier Feralpi has announced that it is in the process of acquiring 50% of the shares Duferco Italia Holding has in the Caleotto wire rod mill in northern Italy, Kallanish notes.
The companies are awaiting clearance from the authorities to complete the transaction. Feralpi has been sharing control of the mill with Duferco for the last five years on a 50:50 basis. “Five years after forming the equal joint venture that led Feralpi…
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Anonymous
Very good overview of the weekly steel market.
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