25
Oct
09:26
CSN nears German Stahlwerk Thüringen subsidiary sale
Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) is focused on the sale of assets as well as other structured financial initiatives to reduce its debt. The company indicated this during its third-quarter earnings conference call with analysts monitored by Kallanish.
“The debt is our greatest concern,” said ceo Benjamin Steinbruch. “We are negotiating the sale of Germany-based longs mill Stahlwerk Thüringen (SWT). …
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Anonymous
Very good overview of the weekly steel market.
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