06
Jul
15:55
Bankrupt Romanian wire producer faces new auction: reports
Romanian steel wire producer Dan Steel, based in Beclean, which has been in bankruptcy proceedings since the beginning of the year, will undergo another auction round, at a lower asking price, according to Romanian media reports.
CITR Cluj Branch, together with Prime Insolv Practice, as judicial liquidators, are organising the auction later this month. The starting price of the auction is €23 million ($25m), down from €25m and €28m in the previous a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous