In addition, Schmolz+Bickenbach AG has also revealed that it has come to terms with the owners of Especial S.L., Barcelona, Spain for the acquisition of this company, which has been the distribution organization of Steeltec AG, Emmenbrücke for high-grade steel products in Spain.
Schmolz+Bickenbach announces EU expansions
Germany-based Schmolz+Bickenbach AG has announced the signing of a contract with the owners of Boxholm Stal AB, Boxholm, Sweden for the acquisition of their company. However, the acquisition price has not yet been disclosed. The Swedish company is one of Scandinavia's market leaders for bright steel and processes about 40,000 tons of steel a year.
Similar articles
Brazilian high-grade iron ore price edges up on slight rise in Chinese pig iron output
11 Nov | Scrap & Raw Materials
Brazil's Votorantim group sells Argentina's Acerbrag to Mexico's Simec, exits steel industry
11 Nov | Steel News
Turkey's flats mills assess potential supply issues, HRC offers barely voiced
11 Nov | Flats and Slab
Turkey raises local and export longs prices by $5-10/mt, mainly amid supply concerns
11 Nov | Longs and Billet
Saudi retail rebar prices decline in November as market sentiment remains under pressure
11 Nov | Longs and Billet