16
Dec
12:09
Acciaierie d'Italia in serious financial trouble, says minister
Acciaierie d’Italia (ADI), the joint venture formerly known as Ilva between ArcelorMittal and state financial body Invitalia, is going through “strong financial trouble and a serious production situation," made in Italy minister Adolfo Urso has said during a Q&A session at the Senate in Rome.
The company has piled up several million in debt to some of its main suppliers, including large Italian energy companies Snam and Eni. The steelmake…
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Anonymous
Very good overview of the weekly steel market.
Anonymous