ArcelorMittal, Marcegaglia, Arvedi may link up for Ilva purchase

Steel producers ArcelorMittal, Marcegaglia and Arvedi are said to be interested in buying Italian steelmaker Ilva, ahead of the expiry of special commissioner Enrico Bondi’s mandate on Wednesday June 4.


On Thursday last week, both ArcelorMittal and Marcegaglia were present at a meeting on the Italian steel market held at the ministry of economic development in Rome, Steel First has heard.

A source at Marcegaglia confirmed that the company had a “preliminary interest” but pointed out that, in terms of both the scale and the nature of the operation, it would be...

Published

Antonio Peciccia

June 03, 2014

16:10 GMT

London