11
May
11:22
JSW to sell underperforming Italian unit
India’s JSW Steel plans to sell its Italian long products facility in Piombino, Tuscany, the company confirms to Kallanish.
In an interview with the Financial Times earlier this week, JSW Steel chief executive Sajjan Jindal said the Italian division is not performing to expectations.
Italian industry sources place local steelmaker Arvedi as an ideal candidate for purchasing Piombino. Arvedi declined to comment when contacted by Kallanish. Other l…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous