Valmet to set up JV

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Valmet, the Finnish paper machine manufacturer and the Finnish steel company Rautaruukki are setting up a joint venture company, PreSteel Oy, for the prefabrication of hot-rolled plates. Rautaruukki will hold 55% of the new company and Valmet 45%. Production is to start in autumn 1997. © Copyright EUWID GmbH, ...

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