Lincoln Electric acquiring Severstal welding business

Dec 29, 2010 | 12:50 PM |

Russian steel giant Severstal is selling a downstream unit of its metalware segment to a Cleveland-based company for an undisclosed amount.

The steelmaker has entered into an agreement with Lincoln Electric Holdings Inc. to divest Severstal-metiz Welding Consumables, a manufacturer of welding consumables in Russia. Included in the deal are the manufacturing operations and exclusive distribution rights of the Severstal brand of welding consumables. ....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results