22
Jul
08:17
Liberty Magona completes first round of investment
Italian rolling mill La Magona has started production at its revamped pickling and coating line no.1 inaugurated this week by chief executive Giovanni Carpino as well as Sanjeev Gupta. The GFG Alliance head was present after his company bought the rolling mill from ArcelorMittal.
Liberty has invested over €5 million ($5.8m) into each revamped line, both of which were idled by ArcelorMittal in 2012, Kallanish learns from sources within the company. The revamp …
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