Archive for January 24th, 2007
Russia’s Evraz Group completes acquisition of Oregon Steel
Russian coal and steel producer Evraz Group SA said Wednesday that it has completed its acquisition of Oregon Steel Mills Inc., one of the largest investments in the United States by a Russian company.
Evraz agreed in November to buy Oregon Steel for US$2.3 billion (€1.8 billion), or $63.25 a share in cash. The deal received [...]
Posted: January 24th, 2007 under Steel International, Steel News.
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MEPS report EU flat prices under threat
The EU steel market is quiet. Buyers are holding back from placing business because they sense that prices may fall further during the first quarter as commercial quality material is readily available from a number of sources at highly competitive prices.
The 2007 outlook for Germany’s steel using industries is very positive with current consumption at [...]
Posted: January 24th, 2007 under Steel International, Steel Prices.
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