10
Feb
08:43
Ahmsa moves to evaluate sale of assets
The board of directors at Mexican steelmaker Altos Hornos de México (Ahmsa) has given permission for its president Alonso Ancira, to lead negotiations for a possible company merger, refinancing or assets sale. This follows Ahmsa’s decision to implement cost reduction measures and to divest some of its assets, Kallanish notes.
“The board has empowered Alonso Ancira to evaluate, according to his criteria, several capitalisation and/or joint ventu…
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Anonymous
Very good overview of the weekly steel market.
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