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07 Mar
00:00

Klckner moves westward and deeper into processing

Klöckner & Co, which used to class itself as the largest steel distributor in the combined European and North American market, plans to increase the share of its stateside business further. Ten years ago, North America accounted for 10% of the group’s sales but is now at 40%. In three years’ time the balance is planned to be 50:50, likely achieved by means of another takeover, says CEO Gisbert Rühl. The group has largely completed a…
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