25
Jan
17:12
Optima receives new credit approval
Bankrupt umbrella company Optima Specialty Steel has received court approval for a new $40 million credit facility, Kallanish understands.
”Our customers and suppliers have remained supportive and operations have continued uninterrupted since filing for reorganisation under Chapter 11,” says ceo Motti Korf.
Optima and its subsidiaries - Niagara LaSalle Corp, Michigan Seamless Tube, Kentucky Electric Steel and Corey Steel – filed for bankrupt…
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Anonymous
Very good overview of the weekly steel market.
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