Archive for May 1st, 2008
Venezuela nationalises top steelmaker
Venezuela’s President Hugo Chavez said on Wednesday the government will take control of the country’s top steelmaker, Argentine-controlled Ternium Sidor, even as negotiations with the company continue.
Socialist Chavez signed a decree to nationalise the steelmaker and said he would name a commission to take control of the company, part of his drive to increase [...]
Posted: May 1st, 2008 under Steel International, Steel News.
Comments: none