No consolidation in cards for Acerinox: exec

Jun 27, 2012 | 10:25 AM | Megawati Wijaya

Tags  Acerinox, stainless steel, Outokumpu, ThyssenKrupp, Inoxum, consolidation

SINGAPORE — Spanish stainless steel producer Acerinox SA won’t take any part in consolidation any time in the future, chief executive officer Bernardo Velasquez said.

"We are not going to play this consolidation game, mainly because our plants are already fully integrated. The internal consolidation in our plant is so strong that we already have synergy in the group," he said Wednesday at the 7th Asian Stainless Steel conference in Singapore, sponsored by AMM sister publication Metal Bulletin.....





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