15
Dec
12:35
Troubled Dunaferr goes into liquidation
Dunaferr has been ordered into liquidation by a Hungarian court, shortly after the government amended the country’s law on bankruptcy and liquidation proceedings, according to local media reports.
The flat steelmaker has been going through well-publicised financial troubles for a while and was counting on government support to ensure its long-term survival amid the energy crisis in Europe. It shut down one blast furnace in August followed by its second in Se…
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Anonymous
Very good overview of the weekly steel market.
Anonymous