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To buy or not to buy? The sale of Severstal-Lucchini

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Report summary

Cash strapped potential bidders have remained cautious of Europe's excess capacity and Italy's sluggish demand growth and the bids for the Italian assets were few. However most assets attracted bids as knock off prices offered investment opportunities in the know how of European steelmaking and Italy provides a foothold in a finally recovering European if not Italian market.

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    To buy or not to buy? The sale of Severstal-Lucchini

    PDF 663.78 KB

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Tables and charts

This report includes 6 images and tables including:

Images

  • Italian crude steel production
  • EAF prevalence will strengthen in Italy...
  • ...maintaining high pig iron and scrap imports
  • JSW acquires product lines that it lacks in India...
  • ...as well as a foothold in strong European markets

Tables

  • To buy or not to buy? The sale of Severstal-Lucchini: Table 1

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