03
Apr
10:34
Ascometal must deliver stock to gain time: unions
French trade unions have launched an urgent appeal to the French government to take immediate and decisive action to save Ascometal.
The company has been declared insolvent after the sale of its units to Italian long steel producer Acciaierie Venete was terminated last month (see Kallanish 28 March).
“Ascometal has about 14,000 tonnes of finished product in stock. It is complicated to ship this because transport needs to be paid and the company has no more …
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Anonymous
Very good overview of the weekly steel market.
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