14
Dec
14:28
Arvedi eyes €850m Acciai Speciali Terni investment: sources
Italian steelmaker Arvedi is ready to invest €857 million ($934m) in Acciai Speciali Terni, which it acquired from thyssenkrupp in 2021.
After a meeting between trade unions and Arvedi management, the company said it guarantees the injection of funds and will keep full employment. A possible 200 new hires will be confirmed later if market conditions allow. Authorities will meanwhile add a further 25% subsidy to accelerate the site’s decarbonisation, so…
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Anonymous
Very good overview of the weekly steel market.
Anonymous