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Salzgitter sells Mannesmann Stainless Tubes

Salzgitter sells Mannesmann Stainless Tubes

The Mannesmann Stainless Tubes Group (MST), a subsidiary of Salzgitter AG, is being sold to the Italian company Cogne Acciai Speciali for a price of 135 million euros, Salzgitter announced on Tuesday. The transaction is still subject to the approval of the authorities.