29 June 2007
NLMK-Duferco JV completes the acquisition of a 100% interest in Winner Steel
Further to the announcement of May 3rd, 2007, NLMK-Duferco JV has completed the acquisition of 100% in Winner Steel INC. for approximately USD 211.6 million.
Winner Steel is one of the largest independent galvanized steel producers in the United States. Its operations are located on a single site in Pennsylvania and include three galvanizing lines with combined annual capacity of around 1.2 million tonnes.