30
May
12:42
Traders welcome ArcelorMittal acquisition of Ilva
Traders active in southern Europe have welcomed the decision by Ilva’s administrators to appoint the ArcelorMittal/Marcegaglia consortium as the winner of the race to take over the Taranto-headquartered mill, Kallanish learns from sources.
“I believe it is good news as with this acquisition ArcelorMittal will occupy the space that would have been occupied otherwise by a new competitor in the European market,” a senior trader comments.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous