Spain's Acerinox fully committed to Bahru Stainless steel


PETALING JAYA: Spanish stainless steel producer Acerinox will continue with its investment in Bahru Stainless Sdn Bhd despite the financial crisis unravelling in the eurozone country.

Bahru Stainless is a subsidiary of stainless steel giant Acerinox Group from Spain, which has a 67% stake, while Japan's Nisshin Steel and Metail One owns 30% and 3% respectively. Bahru Stainless is Acerinox's fourth largest investment. It has altogether four plants located on four continents.

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