13
Mar
15:16
S+B lines up investments in France and Chile
In addition to the comprehensive modernisation at Swiss Steel, Schmolz+Bickenbach (S+B) group has announced an investment at another of its European steelmaking sites, Ugitech.
The French special wire mill will be equipped with a new furnace and walking beam transporting device. Of its total €100 million ($107m) budget for internal investments this year, S+B group has lined up €17m for Ugitech. The upgrade will take until 2019, including a new rack fee…
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Anonymous
Very good overview of the weekly steel market.
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