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NLMK Belgium Holdings (NBH) formally concluded the merger with NLMK DanSteel after EU approval, expanding its European plate business to supply the wind energy industry.
NLMK DanSteel's ownership is restructured so that SOGEPA and NLMK Group each own 49%, and a subsidiary of NLMK Belgium Holdings owns 2%. The change was approved by EU competition authorities on October 11, 2022.