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Hagondange. Novasco Steelworks at the Stop: the Reasons for a Fiasco

Summary by Republicain-lorrain.fr
NovAsco Hagondange (ex-Ascométal) finds itself in the panade, one year after its recovery by the Greybull fund and millions of euros of state aid. On paper, however, the plan was encouraging: diversifying steel production between the historical activity of the automobile and armament.
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republicain-lorrain.frrepublicain-lorrain.fr

Hagondange. Novasco Steelworks at the Stop: the Reasons for a Fiasco

NovAsco Hagondange (ex-Ascométal) finds itself in the panade, one year after its recovery by the Greybull fund and millions of euros of state aid. On paper, however, the plan was encouraging: diversifying steel production between the historical activity of the automobile and armament.

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republicain-lorrain.fr broke the news in on Monday, July 28, 2025.
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