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25 Jan
11:11

Cevital pulls out of Leali Steel leasing deal

Cevitaly, the Italian subsidiary of Algerian group Cevital, has withdrawn from the proposal to lease Italian producer Leali Steel’s facilities from its owner the Klesch group, Kallanish learns from market sources.   Cevital, the main shareholder in Italian steelmaker Aferpi, had proposed to rent the two mills in Northern Italy for three years to ease semi-finished product shortages at its rolling lines in Piombino, Tuscany. A union source close t…
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