18
Nov
00:00
Lucchini's Piombino receives two bids from rivals JSW and Cevital
Two binding offers have been received for Lucchini’s Piombino operations, a spokesman for the Italian company tells Kallanish on Tuesday 18 November, the deadline for bids. “Today is the last available day to submit a binding offer for the acquisition of the Piombino plants, a facility that formerly could produce 2.5 million tonnes of steel per year and employed over 2,000 people, the spokesman adds. This was before Piombino's blast furnace was…
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Anonymous
Very good overview of the weekly steel market.
Anonymous