11
Aug
01:00
Italy's government oks sale of Lucchini Trieste to Arvedi
Italy’s Ministry of Economic Development has given the go-ahead for Lucchini’s pig iron unit in Trieste to be sold to the Arvedi group, according to a government release.
Because the Lucchini group is in extraordinary administration, the minister’s authorisation has been granted to the commissioner Piero Nardi, who is overseeing Lucchini to conclude a preliminary agreement with Arvedi for the whole of Ferriera di Servola, near Trieste in Nort…
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Very good overview of the weekly steel market.
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