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06 May
09:15

Arvedi to accelerate investments in AST

Italian steelmaker Arvedi is mulling investing €100 million ($105m) in the short term in its stainless steel mill Acciai Speciali Terni (AST), AST chief executive Mario Caldonazzo said at a meeting at the Italian ecological transition ministry (Mite) in Rome. An informed source tells Kallanish the ceo confirmed he intends to swiftly proceed with the planned €1 billion investment in the steelmaker. Another meeting with authorities is set for 12 May, with …
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