01
Jun
09:11
Walsin Lihwa buys Cogne Acciai Speciali majority stake
Taiwan’s Walsin Lihwa has signed an agreement to buy a 70% stake in Italian stainless long steelmaker Cogne Acciai Speciali, headquartered in Aosta, Kallanish learns from a Cogne spokesperson.
The agreement will see the partners strongly develop the mill internationally, finding synergies and securing access to foreign markets, the firm says. The strategy is “to create the world’s largest group in the production of special long stainless steels, …
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Very good overview of the weekly steel market.
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