CITIC to acquire Stemcor for overseas expansion China’s CITIC Pacific Special Steel Group has announced to acquire 100% of London-based Stemcor Global Holdings, one of the world’s largest independent steel traders, through an indirect transaction completed by its wholly owned subsidiary, Kallanish notes. The agreement was signed on 30 December following a meeting between the Guangzhou Airport Economic Zone Administrative Committee, Guangzhou Airport Industrial … The post CITIC to acquire Stemcor for overseas expansion first appeared on EUROMETAL.

#LatestUpdates #CITIC #Stemcor CITIC to acquire Stemcor for overseas expansion

EUROMETAL seeks inclusion of traders, distributors in trade measures EUROMETAL has urged the European Commission to engage with member states to ensure that service centers, traders and steel distributors are included in discussions relating to trade measures, board member Julian Verden said July 17. “EUROMETAL is fully behind the Commission’s endeavours to support the European steel industry, which we strongly believe is vital for … The post EUROMETAL seeks inclusion of traders, distributors in trade measures first appeared on EUROMETAL.

#LatestUpdates #JulianVerden #Stemcor EUROMETAL seeks inclusion of traders, distributors in trade measures