COKE – FRANCE
March 1st, 2004
BY KEITH NUTHALL
THE EUROPEAN Commission has cleared the acquisition of French coking plant Cokerie de Carling, by German companies Dillinger Hütte and Saarstahl (SAG), through their iron-making joint venture Rogesa. The Commission has approved the sale unconditionally because of the French state-owned plant's small production. Its interest was provoked by coke price increases following falls in Chinese exports; it will supply Rogesa's internal needs.
THE EUROPEAN Commission has cleared the acquisition of French coking plant Cokerie de Carling, by German companies Dillinger Hütte and Saarstahl (SAG), through their iron-making joint venture Rogesa. The Commission has approved the sale unconditionally because of the French state-owned plant's small production. Its interest was provoked by coke price increases following falls in Chinese exports; it will supply Rogesa's internal needs.
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