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.

Table of contents

Tables and charts

This report includes 6 images and tables including:


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


  • 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...
  • well as a foothold in strong European markets

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