Posted in | News | Ferrous Alloys and Metals | Business | Iron and Steel

LNM Win Exclusive Rights to Negotiate Privatisation of Polish Steel Producer Huta Czestochowa

Mar 1 2004

Related Stories

Steel giant LNM have been granted exclusive rights to negotiate for the privatization of certain assets of steel company Huta Czestochowa SA (HCz) and the shares of Huta Stali Czestochowa Sp z.o.o by the State Treasury of Poland.

Huta Czestochowa is Poland’s leading producer of steel plate, employing over 2000 staff, with steel making capacity in excess of 700,000 tonnes and rolling capacity of 1,200,000 MT.

The acquisition of these assets will helps LNM to pursue its strategy of enhancing its presence in the region, where it is already a leader.

Should LNM be successful in acquiring Huta Czestochowa, they will look to maximizing their rolling capabilities and increasing output. This could be achieved by increasing steel production or importing steel slab from Huta Katowice.

For more information on steel manufacture, click here.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
(Logout)
Your comment type
Submit

Sponsored Content

Editorial Highlights

The Current State of the Global Semiconductor Market

The Current State of the Global Semiconductor Market

The global semiconductor market has entered an exciting period. Demand for chip technology is both driving the industry as well as hindering it, with current chip shortages predicted to last for some time. Current trends will likely shape the future of the industry, which is set to continue to show

How are Graphene Batteries Made?

How are Graphene Batteries Made?

The primary distinction between graphene-based batteries and solid-state batteries lies in the composition of either electrode. Although the cathode is commonly changed, carbon allotropes can also be employed in fabricating anodes.

Newsletters you may be interested in

See all Newsletters »

Terms

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

Provide Feedback