08
Jan
17:54
Italian authorities, ArcelorMittal fail to agree ADI future
The future of Acciaierie d’Italia (ADI), formerly known as Ilva, remains uncertain as the Italian government and ArcelorMittal failed to reach an agreement on Monday over the future injection of much needed funds into the company.
During a meeting held on Monday, the local government asked ArcelorMittal – the current majority shareholder with 62% – to find an agreement for a €320 million ($351m) capital increase to satisfy the steelmaker&rsq…
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Anonymous
Very good overview of the weekly steel market.
Anonymous