Erdemir denies rumors of interest in British Steel

Tuesday, 16 July 2019 15:04:58 (GMT+3)   |   Istanbul

Turkish integrated steelmaker Erdemir has denied the rumors of interest in acquiring British Steel which went into compulsory liquidation on May 22.

“There have been allegations in international and national media outlets that Erdemir has made an offer to acquire British Steel. Erdemir would like to inform the public that these allegations are baseless and that we have no interest in the company in question,” Erdemir’s statement read.

Most Recent Related Articles

Ex-CIS billet prices under pressure from weak demand, negative sentiment in scrap

India’s ArcelorMittal Nippon Steel bids to secure iron ore mines in Odisha

China’s HRC output up 10% in 2019, CRC output rises by 3.5 percent

Short sea scrap price down sharply in fresh deals to Turkey

US import HDG still holding steady