21
Apr
15:55
SMS takes over Paul Wurth in full
Steel plant engineering company SMS group has acquired the remaining 40.8% of Paul Wurth it had not owned so far.
These shares were previously held by the Luxembourg state and state-owned banking organisations, Kallanish learns from the German firm. As such, SMS has become the sole owner of Paul Wurth's plant engineering business, strengthening its competence in metallurgy and hydrogen technology.
With this step, the Luxembourg site will be expanded to become…
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Anonymous
Very good overview of the weekly steel market.
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