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06 Mar
15:29

ArcelorMittal/Marcegaglia submit Ilva bid to produce 9.5mt

The consortium created by ArcelorMittal and Marcegaglia to bid for the troubled Italian steelmaker Ilva has issued a statement with details of their bid. The bidding process ended on Monday. As previously reported by Kallanish, the consortium aims at lifting the current 6 million tonnes/year crude steel production to 8m t/y by 2018, using three blast furnaces and still complying with environmental rules. In addition, the new owner would bring in slabs and hot ro…
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