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Photo – Acciaierie d’Italia plans to start operating three blast furnaces in 2026
Acciaierie d’Italia plans to start operating three blast furnaces in 2026

The special commissioners also presented a tender for the sale of assets

Photo – Sale of Liberty Ostrava attracted mostly Czech companies – S&P Global
Sale of Liberty Ostrava attracted mostly Czech companies – S&P Global

In May, according to sources, representatives of the Indian Jindal Steel visited the steel plant

Photo – US Steel sale review could last until 2025 – Bloomberg
US Steel sale review could last until 2025 – Bloomberg

The terms contrast with the intention of the parties, who expect to close the deal in the spring or by the fall of 2024.

Photo – Vale forecasts higher global iron ore sales in Q4
Vale forecasts higher global iron ore sales in Q4

The company has a more optimistic view of China than other market participants

Photo – EC has approved the acquisition of subsidiaries of Swiss Steel by France’s Jacquet
EC has approved the acquisition of subsidiaries of Swiss Steel by France’s Jacquet

The sale agreement was concluded in February 2023

Photo – Canada’s Stelco Holdings is weighing a bid to buy US Steel
Canada’s Stelco Holdings is weighing a bid to buy US Steel

The company is negotiating with a potential partner

Photo – Esmark submitted an offer to acquire US Steel for $7.8 billion
Esmark submitted an offer to acquire US Steel for $7.8 billion

The initial period of validity of the offer will last until the end of November

Photo – US Steel rejected Cleveland-Cliffs takeover bid for $7.3 billion
US Steel rejected Cleveland-Cliffs takeover bid for $7.3 billion

Currently, the steel company is considering strategic options

Photo – Emirates Steel Arkan has lost interest in Thyssenkrupp’s steelmaking business
Emirates Steel Arkan has lost interest in Thyssenkrupp’s steelmaking business

A company from the UAE is wary of certain business complications

Photo – Hungary has extended the deadline for submission of proposals for the acquisition of Dunaferr
Hungary has extended the deadline for submission of proposals for the acquisition of Dunaferr

GFG Alliance (the parent company of Liberty Steel) and Vulcan Steel are currently competing for the venture

Photo – Walsin has received approval to acquire Outokumpu Long Products AB
Walsin has received approval to acquire Outokumpu Long Products AB

The Italian Cogne Acciai Speciali, which is part of Walsin, is responsible for the acquisition

Photo – Liberty Steel and Vulcan Steel will compete for Hungary’s Dunaferr
Liberty Steel and Vulcan Steel will compete for Hungary’s Dunaferr

Three more applications were excluded for various reasons

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