More consolidation to come in EU steel markets, Marcegaglia says

Further synergies and vertical integration can be expected in the European steel industry over the next few years, Antonio Marcegaglia, chairman of Italian re-roller Marcegaglia, has said.

“For the future, there are some emerging trends on which we will have to shape our company strategy,” Marcegaglia said at an Italian steel industry event on Sunday November 12.

“The first trend is consolidation - not only for the Ilva [steelmaking] operation [in southern Italy], which sees us as one of the main [potential participants], but also for the joint venture announced between...


Lee Allen

November 14, 2017

18:55 GMT