16
Mar
16:31
Consolidation prospects fail to excite German steel majors
Salzgitter AG is in no hurry to push consolidation, the company said at its annual press conference monitored by Kallanish. This especially applies to recurring suggestions that thyssenkrupp could spin off its distribution arm Materials Services, which would appear to be of natural interest to both Salzgitter and major German distributor Klöckner & Co.
Heinz-Jörg Fuhrmann, ceo of Germany’s steelmaker No 2, Salzgitter AG, reiterates his lack of …
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Anonymous
Very good overview of the weekly steel market.
Anonymous