Archive for March 20th, 2007
Australian steel giants in $4bn merger
AFTER almost nine months of haggling and abuse Australia’s three big steel companies have finally agreed to a deal that will see OneSteel and Smorgon merge to form a $4 billion company, strengthening Australia’s steel-making sector and consolidating the industry into two players.
In August, Bluescope tried to block the merger of its two biggest customers, [...]
Posted: March 20th, 2007 under Steel International.
Comments: none