09
Nov
12:14
ArcelorMittal Italia closes in on deal: reports
According to local broadsheet Repubblica, the Italian government is willing to invest €1 billion ($1.18 billion) to relaunch the steelmaker formerly known as Ilva, now ArcelorMittal Italia.
The Italian government has designated Invitalia to negotiate with AM InvestCo, ArcelorMittal’s Italian entity. The amended lease and purchase agreement for Ilva states that the government’s equity investment is to be executed by 30 November. In the event this d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous