17
May
09:11
Vallourec sells German plant, achieves record results
French tube and pipe maker Vallourec has sold its German Mülheim plant for €40 million ($43m), it says in its Q1 2023 earnings report monitored by Kallanish. Closing is not expected in the near-term on the sales process for its larger site in Duesseldorf-Rath.
Vallourec is reshaping its European business structure and downsizing its organisation with the ambition to “refocus European plants.” The group is shutting down the heat treatment line of S…
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Anonymous
Very good overview of the weekly steel market.
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