16
Jun
01:00
Lucchini RS acquires major share in new forge set-up
Lucchini RS has signed an agreement to create a new company named ‘Lucchini Mamé Forge Spa’ (LMF), Kallanish learns from the Italian railway industry products manufacturer
LMF will include the current subsidiaries of an Italian group specialising in forgings for the oil and gas industry and for the power generation sector, Mamé Group Spa. Lucchini RS will have a 75% shareholding in the new company.
The new firm will be based …
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Very good overview of the weekly steel market.
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