Sidenor has acquired Mecanizados de Cremalleras de Dirección, a production company of auxiliary car components which is specialized in manufacturing blanks for vehicle steering components. With this operation, Sidenor seeks to grow in the market by offering a wider range of high added value products. The company thus intends to increase its presence for customers which consume steel for vehicle steering systems. This operation will allow Sidenor to jointly access the market, unify its position therein and offer products and complete alternatives in order to fulfill the needs of current and potential customers.Mecanizados de Cremalleras de Dirección, a company located in Jundiz in Vitoria in Spain, has been present in the market for 25 years and is specialized in the transformation of steel bars for steering racks through various cutting and machining processes.Basauri Bizkaia headquartered Spanish steel company Sidenor is leader in the European steel industry for the production of special steel long products. It is also an important supplier of cold finished products in the European market. The company has production centers in Basque Country, Cantabria and Catalonia as well as business delegations in Germany, France, Italy and the UK. The company has highly specialized facilities offering solutions for all industrial sectors requiring high quality steel services. Sidenor’s steel production capacity exceeds one million tonnes annually, primarily destined to the automobile, machinery, capital equipment, railway, energy, mining and petrochemical industries.