17
Jun
09:54
ADI to spend €400m in 2024 on repairs
Acciaierie d’Italia (ADI) will need to allocate about €1 billion ($1.07 billion) to address the damage to its equipment that occurred during the previous administration, a company spokesperson confirms to Kallanish.
The project is set to commence by the end of this year, with the new special administration planning to allocate approximately €400 million in payments by the end of 2024. Meanwhile, production at the Taranto plant was temporarily halte…
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Anonymous
Very good overview of the weekly steel market.
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