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Bondalti evaluates purchase of Spanish chlorine producer to diversify into European PVC market
Portugal's Bondalti is considering a €329 million cash takeover of Spain's largest alkaline chlorine and PVC producer Ercros, which would allow the Portuguese chlorine producer to compete in the alkaline chlorine and polymer segments. The board of Ercros will meet on...
Iron ore: Guinea approves Simandou mining project
The West African state of Guinea recently approved a joint development agreement between the government, Rio Tinto/Simfer and the Simandou Winning Consortium (WCS) for the development of the Simandou iron ore mining project. The National Transitional Council (NTC),...
HRC steel: stable prices but the low has yet to be reached
The European hot rolled coil (HRC) market remained stable on Tuesday, 5 March, with buyers claiming that the bottom has not yet been reached. Trading has been sluggish across Europe in recent weeks, with buyers refraining from buying into a falling market. Buyers are...
Economic conditions for the steel industry remain challenging
Speaking at the Eurometal Steel Day & YİSAD Flat Steel Conference, which took place on Tuesday, 5 March, Professor Roland Döhrn, an independent researcher at the University of Duisburg-Essen, shared his assessments of the European economy and steel industry...