04
Mar
00:00
Piombino blast furnace revamp decision due next week, unions say
Algeria’s Cevital will make public its intentions regarding the company's recently-acquired operation in Piombino by next week (ending 13 March), union sources tell Kallanish.
The group is currently considering a revamp of the operation’s blast furnace (see Kallanish 19 February). However, according to sources close to the company, several factors are likely to force the Cevital to backtrack. These include the high costs of modernisation, as …
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