trending Market Intelligence /marketintelligence/en/news-insights/trending/Re17ALmlikn8btfqbcQ_ng2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: ArcelorMittal, Marcegaglia win race for Italy's Ilva

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Report Outlooks of Lithium and Cobalt

Essential Metals & Mining Insights July 2020

Report: ArcelorMittal, Marcegaglia win race for Italy's Ilva

ArcelorMittal and Marcegaglia won a bid to purchase Italian steelmaker Ilva International SpA, Reuters reported May 26, citing a source with knowledge of the matter.

The source noted that the special commissioners handling the Ilva operation accepted the joint bid of just under €2 billion.

A rival consortium, which includes JSW Steel Ltd. and Italian state holding company Cassa Depositi e Prestiti, also submitted a bid for the troubled steelmaker.

Representatives from both ArcelorMittal and Marcegaglia declined to comment.

The state took control of Ilva in 2015 in a bid to clean up the polluted site and save thousands of jobs in an economically depressed area, and has been trying to sell the operations since then.

Italy's industry ministry will be required to issue a decree authorizing the commissioners' decision, and once it is final the environment ministry will then examine the consortium's cleanup plans for the site.

The environment ministry will release its own decree around fall this year, after which the deal will require approval from the European Union.