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A. M. Castle to Transfer Ownership of Kreher Steel Business to Duferco Steel

The transaction will make Duferco the 100-percent owner of Kreher.

A. M. Castle & Co., Oak Brook, IL, has agreed to sell its 50-percent joint venture ownership in the Kreher Steel business to Switzerland-based Duferco Steel Inc. for $31.6 million.

The transaction will make Duferco the 100-percent owner of Kreher.

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