10
Feb
14:49
Polish heavy plate mill to replay auction
A new auction will take place for Walcownia Blach Grubych Batory (WBG) after the previous auction’s winner, Moris, pulled out of acquiring the Polish heavy plate re-roller, according to WBG’s administrator.
Steel stockist Moris placed the winning bid in last November’s auction, which was also entered by Polish coal exporter and steel re-roller Weglokoks. It has since, however, refused to pay the PLN 26 million ($6.4m) sum, claiming the auc…
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Anonymous
Very good overview of the weekly steel market.
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