DETROIT -- American Metal Market reports that Fiat Auto SpA is eyeing the sale of its Teksid SpA metal parts-casting subsidiary. Fiat execs won’t comment when asked if the company is taking bids for any or all of the metal casting unit’s operations. Teksid is one of the world’s largest producers of castings, making aluminum, iron and magnesium components, primarily for the auto industry. The aluminum and magnesium operations reportedly are attracting more attention than the iron ...
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