18
Dec
15:02
CDP moves to replace Marcegaglia in Ilva bid
Cassa Depositi e Prestiti (CDP), an Italian public financial entity, has taken a step forward to possibly replacing Marcegaglia in AM Investco, the joint-venture in the process of taking over integrated producer Ilva, Kallanish learns from sources.
As confirmed by ArcelorMittal, CDP signed a preliminary agreement to enter into the JV currently discussing the purchase of Ilva. As reported by Kallanish, Marcegaglia is expected to be ready to exit the JV …
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Anonymous
Very good overview of the weekly steel market.
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