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23 Apr
01:00

AST set to lose subcontractor status with VDM

Italian special steels manufacturer, Acciai Speciali Terni (AST), could soon lose its partnership with special alloys company VDM, sources close to the company tell Kallanish. VDM, a former sister company of AST in the ThyssenKrupp fold, has recently been purchased by the New York-based private equity company, Lindsay Goldberg (see Kallanish 20 April). In recent years VDM has used AST as a subcontractor to process some of its coils in titanium/high integrity…
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