Italy - Latest news GMK Center

If the procedure is initiated, current liquidity will be guaranteed by a bridge loan of €320 million

During the year, the country's steelmakers produced 21.06 million tons of steel

Italian court allows energy companies to cut off gas supplies to ADI

The Italian government is considering options to save the former ILva

The steel corporation rejected the government's plan to acquire a controlling stake in ADI

Through the merger, Acciaierie Venete plans to increase its presence on the European market

During January-November, Italian steelmakers reduced steel output by 3% m/m

The funds will be used for re-equipment of the enterprise

The shutdown is a consequence of the slowdown in the steel market as a whole and the high cost of energy resources

The downtime of the unit will last a week – from December 4 to 11

Economic factors and a low level of orders affect service center margins

The export of steel products for the month decreased by 7.5% y/y