The Lecco, Italy-based wire rod mill of Italian steelmaker Lucchini will be bought by a partnership between Italian steel producer Feralpi and Swiss-based international trader Duferco which has production facilities in Italy, with both of ...
Tags: Wire Rod, steelmaker
Algerian food processor Cevital has filed a binding bid to acquire Lucchini's steelmaking plant in Piombino in Italy's Tuscany region, as announced by Lucchini on October 20. Lucchini added that special commissioner for Lucchini, Piero ...
Tags: food processor, Algerian Group
Sajjan Jindal, the millionaire owner of Indian steel producer JSW Steel, has stated that he has offered less than $100 million to buy the steel complex of Italian steelmaker Lucchini in Piombino, Tuscany, Italy, while not wanting to take on ...
On the evening of Thursday, September 11, Italian steelmaker Lucchini informed SteelOrbis that it has received a new binding offer from Indian steel producer JSW Steel for its core assets in Piombino, Tuscany and is currently considering ...
Tags: JSW Steel
Matteo Renzi, Italian prime minister, and Enrico Rossi, president of the region of Tuscany, held talks at the weekend with JSW Steel chairman Sajjan Jindal, as the Indian giant considers investing in some of the country's steel assets. The ...
Tags: Metallurgy, Mineral, Energy, Steel
Italian steel producer Lucchini is expected to shut down its blast furnace in Piombino on Wednesday, April 23, after trying to postpone the inevitable end by halting production on Friday, April 18 and using limited raw materials, according ...
Tags: steel producer, Blast Furnace
Cremona-based Italian steel producer Arvedi Group has stated it is interested in leasing Ferriera di Servola, the Trieste-based iron and coke producing unit of Italy's second-largest steelmaker Lucchini, and may subsequently buy the plant. ...
Tags: Steelmaker, Mineral
In January this year, Italian crude steel output decreased by 19.7 percent year on year to 1.801 million metric tons, according to the figures released by the Italian steel producers association Federacciai. January is the 10th month in a ...
Reuters reported that troubled steelmaker Lucchini, Italy's second largest producer, has requested to be placed under receivership procedures to save it from bankruptcy. The measure, which involve the appointment of an administrator ...
Tags: steelmaker, Lucchini, Italy, bankruptcy
Reuters reported that Luxembourg based stainless steel maker Aperam is interested in buying the ThyssenKrupp Acciai Speciali Terni plant in Italy, the company said, joining what sources said was a list of possible bidders. Others ...
Tags: stainless steel maker, Aperam, ThyssenKrupp Acciai Speciali Terni
The administrators of debt-stricken Italian steel producer Lucchini have announced that, starting from December 11, the Piombino-based blast furnace operated by the company will be idled for one month, i.e., until January 11. The shutdown ...
Tags: steel windows, iron ore price news, windows xp, steel market prices
Reuters reported that Italy faces a deep crisis as its biggest steel plants struggle for survival, putting it in the forefront of a permanent decline in western Europe’s steel sector and increasing cost pressures on many of the ...
Tags: Steel, steel plants, steel sector
RT reported that Russia's steel giant Severstal is closing down its Italian steel producer Lucchini in December. Falling demand is cutting the steel maker's profits making it leave the area along with other Russian companies. Lucchini SpA ...
Tags: steel giant, Severstal, Lucchini
Lucchini, the second largest steelmaker in Italy announced to temporarily close its Piombino blast furnace (BF) in December for around 40 days The spokesman of Lucchini said that the firm decided to half the Piombino BF due to sluggish ...
Tags: steelmaker, blast furnace, sluggish demand and soft economy