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Boryszew's Beleaguered Behemoth: Buyer Beckons Boldly
Boryszew signs letter of intent for Rurexpol seamless pipe mill sale to unnamed foreign investor. The 70,000 metric tons per year Czestochowa facility entered liquidation in November 2024 due to outdated technology & European market deterioration. Due diligence process targets October 15 final contract completion. The sale follows earlier liquidation of Walcownia Rur Andrzej pipemaking unit for similar reasons. Boryszew's metals segment profitability declined significantly due to steel price drops & reduced operational scale from facility closures.
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