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ArcelorMittal consortium wins bid to buy Italy's Ilva steel plant – source

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STEEL
ArcelorMittal and steel processor Marcegaglia have won a bid to buy troubled Italian steel plant Ilva, a source with knowledge of the matter said on Friday. The world's top steelmaker and its Italian partner offered just under €2-billion ($2.24-billion) for the loss-making plant, Europe's biggest by output capacity, the source said.
 
 
 
 
 

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