01
Apr
19:45
Outokumpu sells remainder of longs division
Outokumpu has signed an agreement to divest the remainder of its Long Products division, the units in Degerfors and Storfors, Sweden, to Italian stainless steel longs and nickel alloys producer Cogne Acciai Speciali.
The transaction, carried out as a share sale, should be completed within a couple of months, subject to customary conditions including competition approval.
At the beginning of the year, the Finnish steelmaker completed the divestment of the majority…
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Anonymous
Very good overview of the weekly steel market.
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