26
Apr
12:34
Authorities delay slightly but Ilva bid decision imminent
The decision on the bids received for the acquisition of the troubled Italian steelmaker Ilva has been delayed slightly, but it is now expected in the first weeks of May, according to sources.
As reported, two bids have been received from two consortia led respectively by ArcelorMittal and India's JSW. The ArcelorMittal/Marcegaglia bid has been reported as higher than the JSW bid financially, but authorities are set to evaluate further both the industri…
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Anonymous
Very good overview of the weekly steel market.
Anonymous