Stemcor to shutter WSK on adverse market conditions

Jun 27, 2013 | 11:56 AM | Alexandra Chapman

Tags  Stemcor, WSK Stahlhandels, Stemcor Deutschland Holding, closure, tube and pipe, trader, imports, Robert Van der Weck Julian Verden

LONDON — Stemcor Holdings Ltd. will close its specialist trading unit, WSK Stahlhandels GmbH, the company said June 26.

WSK, which imports steel products into Germany, will be shuttered as of June 30, Stemcor said. Nearly 30 employees will be affected, predominantly at the company’s Nuremberg headquarters. None of Stemcor’s other Germany-based businesses will be affected. ....

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