04
May
10:29
Arvedi's Magona deal remains uncertain, union sources suggest
Following ArcelorMittal’s provisional agreement with Italian steelmaker Arvedi to sell the former’s galvanising mill in La Magona, in Piombino, Italy, the deal is now in limbo, Kallanish learns from trade union sources. This is due to a divestment requirement by the European Commission (EC) to enable ArcelorMittal to acquire troubled Italian steelmaker Ilva.
Last month, ArcelorMittal submitted a package to the EC proposing the div…
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Anonymous
Very good overview of the weekly steel market.
Anonymous