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February 11, 2016 7:01 PM ET

Metals and Mining

Company Overview of Marcegaglia SpA

Company Overview

Marcegaglia SpA manufactures and sells stainless and carbon steel products. Its stainless steel products include hot rolled and cold rolled coils and sheets; and welded tubes, bright bars, flat bars, cold formed sections, and cold-drawn bars. The company also offers pickled, cold rolled, and hot dip galvanized coils and strips; oscillated wound coils; sheets; pre-painted steel coils, strips, and sheets; carbon steel and cold-drawn welded tubes; refrigeration tubes; carbon steel cold-drawn bars; and heavy plates. In addition, it provides construction equipment, metal building envelopes, insulated panels for sectional doors, guardrails, condensers, evaporators, metal handles, electromechanical...

via Bresciani 16

Gazoldo Ippoliti, MN 46040

Italy

Founded in 1959

Phone:

39 03 766851

Fax:

39 0376 68 56 00

Key Executives for Marcegaglia SpA

Chairman and Chief Executive Officer
Age: 51
Vice Chairman and Chief Executive Officer
Age: 50
General Manager
Compensation as of Fiscal Year 2015.

Marcegaglia SpA Key Developments

Suitors Reportedly Eye ILVA

Italy has launched a tender to find a buyer for ILVA S.p.A., Marcegaglia SpA, Finarvedi S.p.A. and Gruppo Amenduni Acciao Group, Duferco S.A. and ArcelorMittal (ENXTAM:MT) are all potentially interested in the plant in the southern city of Taranto, Italian media reported. Bids can be submitted from January 10, 2016 to February 10, 2016.

ArcelorMittal, Marcegaglia In Ilva Takeover Talks With Italian ministry

ArcelorMittal (ENXTAM:MT) and Marcegaglia S.p.A are in takeover talks with the Italian Ministry of Economic Development. Ilva could be split into two companies, with profitable assets being sold off and the remainder of the company remaining in government hands, were dismissed by ministry sources as false. ArcelorMittal confirmed that it is working with Marcegaglia to evaluate the opportunity of purchasing the Ilva business, but declined to give any further details about the meeting. Marcegaglia, which has said it is interested in acquiring Ilva as part of a joint venture, also confirmed its presence at the meeting Ilva's main asset is a 11.2 million tpy flat steel, plate and tube plant in Taranto.

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