11
Dec
00:00
New hot strip mill seen improving Habas' margins
Turkish steelmaker Habas’ new 2.5 million tonnes/year hot strip mill will enable the company to diversify its product range and will provide a potential improvement in its margins, according to credit rating agency Fitch. The mill was commissioned in the third quarter.
Additionally, its prospective 800MW power plant, expected to become operational by late-2015, will bolster its business profile. The plant will primarily supply Habas’ internal req…
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Anonymous
Very good overview of the weekly steel market.
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