LNM interested in some of BH Steel stakes

Friday, 24 October 2003 17:15:08 (GMT+3)   |  
       

LNM interested in some of BH Steel stakes

According to latest news from the industry, LNM Group has shown interest in certain stakes of Bosnia's steelmaker BH Steel. BH Steel has an annual capacity of 1.8 million tons. However, the company is planning to increase its capacity to 2 million tons by installing a new electric arc furnace . The negotiations are expected to complete in three months. Also, LNM can be interested in some other operations like iron ore mine, limestone mine and coke plant.

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