Jindal, Arvedi emerge as serious bidders for troubled Taranto steel mill

Acciaierie d'Italia, the former Ilva steelworks in Taranto, is attracting serious interest from India's Jindal and Italy's Arvedi as potential buyers. The company faces severe financial distress from high energy costs and weak rolled steel prices, with large debts to suppliers including Eni. A sale would resolve a long-running industrial crisis and reshape European steel supply, but terms and timeline remain uncertain.

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