Indian steelmaker JSW Steel is in the final stages of purchasing Italian long steel producer Acciaierie e Ferriere di Piombino (Aferpi), Italian trade union Uilm said on Thursday February 22.
"The Piombino plant [in western Italy] is destined to go into the hands of an entrepreneur who knows what it means to produce steel. We will start negotiating a business and investment plan after March 31," Uilm general...