Italy - Latest news GMK Center

During January-July, the indicator grew by 2.8% y/y

The agreement between Italy's CEIP Scarl and Algeria's Copresud is estimated at €1 billion

During January-June, the indicator grew by 2.9% year-on-year

The €2.5 billion Piombino project moves forward, linking Ukraine’s steel industry with Europe’s decarbonization pathway

Funding will support the modernization of Acciai Speciali Terni, new capacity, and the path to carbon neutrality

Between January and May, the indicator grew by 4.1% y/y

The agreement envisages investments of over €1.1 billion, decarbonization of production and job preservation

These funds will allow the company to continue operating while negotiating its sale

The bulk of the investment will be in the Ravenna plant, a key production and logistics center

In January-April, the indicator grew by 3.8% y/y

The project in FOSS-sur-Mer will cover 30% of the company's needs for semi-finished steel and stainless steel products

Steel shipments reached $374 million, and the industry aims to reach $1 billion by the end of the year