Port News & Information Mediterranean, Black & Caspian Seas

Port of Marseille to gain cargo with Marcegaglia steel works

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Marseille, France (Ports Europe) June 6, 2024 – The Italian Marcegaglia group is in the process of acquiring the former Ascometal steelworks in Fos-sur-Mer which is exiting administration. The business will be renamed Marcegaglia Fos-sur-Mer, and the new owner plans to invest around 600 million euros to which working capital requirements will be added. In…

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