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26 Feb

Italian government approaches investors for the former Ilva

The Italian government is actively looking for private investors in Acciaierie d’Italia (ADI) after Prime Minister Giorgia Meloni said authorities intend to avoid nationalising the troubled steelmaker, Kallanish notes. They are rumoured to be in talks with local steelmaker Arvedi but also with Metinvest and Jindal Steel subsidiary Vulcan Green Steel, informed sources say. While Arvedi is not commenting on its potential involvement with ADI, Metinvest has sta…
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