06
Oct
09:50
Government funding for JSW Italy experiences delay
Government grants and loans to support the relaunch of Italy’s Piombino steelworks, now owned by JSW, may not reach the company before the beginning of 2021, sources close to the matter tell Kallanish.
JSW’s Italian subsidiary is meanwhile facing a liquidity crisis. In a meeting with unions, management said it is urging the government to provide swift financial support that would allow the firm to proceed with the medium and long-term industrial plan, …
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Very good overview of the weekly steel market.
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