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18 Nov
00:00

Unions say Arvedi has bid for Ilva

Just two serious proposals have been outlined as the way ahead for Italy’s troubled Ilva facilities in Taranto, union sources tell Kallanish. The first bid comes from the consortium of ArcelorMittal and Italian coil processor Marcegaglia. The second proposal was submitted by Italy’s Arvedi Group, in a possible partnership with the CDP Bank (Cassa Depositi e Prestiti), the financial arm of the Italian Treasury, say union sources - as was first moo…
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