17
Dec
00:00
Italy's Feralpi looks to acquire stake in northern Italy rebar specialists
Italian steelmaker Feralpi looks set to acquire a 48% stake in rebar processors Presider and Metallurgica Piemontese, Kallanish learns from industry sources.
This minority share will be maintained for three years, with the option to acquire the remaining 52% stake, the sources further suggest.
Presider, founded in 1985, has plants in Borgaro Torinese and Maclodio, both in northern Italy. It supplies and processes rebar for the construction sector as w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous