27
May
13:17
Italian court dismisses case against Techint executives
An Italian court of first instance has dismissed for lack of jurisdiction the case brought by the public prosecutor against various members of the Techint Group leadership, including chairman Paolo Rocca, says Techint subsidiary Tenaris.
The court was overseeing an investigation into allegedly improper payments made in Brazil prior to 2014 for the supposed benefit of Confab Industrial S.A, a subsidiary of Tenaris. Besides Rocca, the case had also been brought agai…
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Very good overview of the weekly steel market.
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