02
Sep
01:00
Erdemir shareholder Oyak buys refractories producer Almatis
Erdemir’s largest shareholder, Oyak, has completed the takeover of refractories producer Almatis from Dubai Holding’s private equity arm Dubai International Capital (DIC).
Netherlands-based Almatis makes alumina products used in the production processes of the steel, cement, ceramic, automotive, and electronics industries. The company has four facilities and a refinery in the USA, facilities in Germany, the Netherlands, Japan, China and India, as…
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Very good overview of the weekly steel market.
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