Solaris exits Canada for Switzerland with new CEO, board and spin-out plans
The company changed its board of directors and plans to spin out non-core assets La Verde, Capricho, and Paco Orco into a new company.
Germany’s May crude steel output of 4.1 million mt marked a 1.1% increase on the prior year, as Europe’s largest steel producer snapped back from April’s first monthly annual decline since October 2009, steel industry association Wirtschaftvereinigung Stahl figures show.
Output grew on-month from April’s 3.8 million mt, WV Stahl said in a statement Thursday. For the year to May, output at 19.3 million mt was 2.3% higher on the same period of 2010, it said.