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27 Jul
11:49

Ori Martin has no plans to add capacity

Ori Martin’s objective behind acquiring Ferrosider is to boost and optimize production “…without adding new production capacity to the market,” Italian special steel producer Ori Martin clarifies in a note. As reported, Ori Martin, which has been pursuing a strategy of investing in vertical integration, became last month the majority shareholder in local merchant bar producer Ferrosider (see Kallanish 14 June). Market…
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