13
Nov
11:22
Nucor leaves Italian JV
US steel producer Nucor is leaving its Italian joint venture with Doferdofin, part of Duferco, 12 years from its creation, Kallanish learns from Duferco.
The parties have come to an amicable agreement that will see Duferco buying Nucor’s 50% share of Duferdofin, becoming the sole shareholder of the company. Duferco has confirmed the €180 million ($212m) investment in the new section rolling mill at Duferdofin’s plant in San Zeno Naviglio, near Bre…
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Anonymous
Very good overview of the weekly steel market.
Anonymous