Bekaert and Xinyu Steel announce successful closing of partnership deal in Xinyu, Jiangxi Province, China

15-dic.-2011

Comunicado de prensa

Resumen y descarga

Please find attached a press release concerning the closing of a partnership.

Summary:

Bekaert, worldwide technological and market leader in drawn wire products and applications, and Xinyu Iron & Steel Co., Ltd (Xinsteel), a Xinyu-based (Jiangxi, China) iron and steel company, announced today the successful closing of their partnership transaction by which Bekaert acquires 50% of the spring wire and Aluclad activities of Xinsteel in Xinyu, Jiangxi Province, China. These activities represent an annual turnover of approximately CNY 500 million.