20
Nov
16:44
Schmolz+Bickenbach to bid for Asco
Schmolz+Bickenbach confirmed on Monday it has submitted an offer for a takeover of the assets of French competitor Asco Industries, as was rumoured over the weekend in the French press. Other candidates mentioned as interested were Liberty Steel and Sidenor.
Asco is close to filing for insolvency. The interest in an acquisition of its assets would fit S+B’s ambition to play an active role in the consolidation of the European special long steel industry, Ka…
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Anonymous
Very good overview of the weekly steel market.
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