Marcegaglia 'interested' in acquiring Italian stainless steel mill AST

Italian re-roller Marcegaglia has expressed an interest in acquiring Italian flat stainless steelmaker Acciai Speciali Terni (AST).

“When a process for the possible divestiture of AST Terni starts, we will certainly look at it with great interest,” Marcegaglia chairman Antonio Marcegaglia told delegates at InnovA, a steel industry event held in Brescia, northern Italy, late last week.

“We understand from statements by the senior management of [German steelmaker] ThyssenKrupp that the...


Viral Shah

September 26, 2018

14:20 GMT