14
Apr
16:35
ArcelorMittal begins Ilva deconsolidation after government takes stake
ArcelorMittal has received €400 million ($478m) of new equity from Invitalia, the state company that is investing in the Italian steelmaker formerly known as Ilva. ArcelorMittal’s Italian subsidiary, AM investCo, has therefore given Invitalia a 38% shareholding and joint control over the company.
AM InvestCo, now co-owner of the former Ilva, is being re-named Acciaierie d’Italia Holding, and its main operating subsidiary ArcelorMittal Italia …
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Anonymous
Very good overview of the weekly steel market.
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