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19 Apr
16:35

Marcegaglia outlines its position within Ilva deal: reports

Marcegaglia, the Italian processor and supplier of steel products, is expected to leave the joint venture formed with ArcelorMittal to bid for the acquisition of the Ilva assets in Italy. Further involvement in the project is not excluded however, Kallanish learns from local reports. The request for Marcegaglia to leave the joint-venture is understood to have come from the European authorities, to limit the anti-trust issues related to this merger. Ear…
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