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09 Jun
10:28

Walsin-Cogne to boost output

Taiwan’s Walsin Lihwa has formalised its purchase of the majority Italian long stainless steelmaker Cogne Acciai Speciali (CAS). Earlier this week, the firms signed a contract to buy 70% of CAS, a Cogne representative confirms to Kallanish. According to the new investment plan that covers the period 2022-2024, over €110 million ($117m) will be invested in Cogne’s Aosta plant. The growth strategy involves gaining market share in Europe and Asia and…
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