30
Mar
10:36
NSSMC holds off from Vallourec equity method affiliation
Japan’s NSSMC says that it will not become a so-called equity method affiliate in French tubemaker Vallourec “… for the time being”. It has however nomiated its candidate for inclusion in Vallourec's supervisory board.
In February 2016, the steelmaker said it had planned to enhance its strategic partnership with, and would account for its investment in, Vallourec using the equity method of accounting, starting from fiscal year 2…
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Anonymous
Very good overview of the weekly steel market.
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