06
Oct
13:37
Serbian govt, Chinese firm discuss Zelezara Smederevo acquisition
Serbia’s government says it is in “… serious” negotiations with a Chinese firm interested in the acquisition of ailing steelmaker Zelezara Smederevo, with a deal expected to be reached in November.
The Chinese company, whose name was not disclosed, wants to make “... a substantial investment” in the government-owned steelmaker. This includes $120 million in the galvanizing plant alone, Serbia’s prime minister Aleksandar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous