10,945.49 TRY BIST 100 BIST 100
49.18 EUR EUR EUR
42.43 USD USD USD
6.03 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
38.77 TRY Interest Interest
63.57 USD Fossil Oil Fossil Oil
73.68 USD Silver Silver
5.18 USD Copper Copper
106.09 USD Iron Ore Iron Ore
345.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,717.14 TRY Gold (gr) Gold (gr)

Acciaierie Venete acquires Euro Sider Scalo

Italian long steel producer Acciaierie Venete is announced to be buying local steel distributor Euro Sider Scalo.

Acciaierie Venete acquires Euro Sider Scalo

Acciaiere Venete's acquisition process is reported to start with the company creating a new company and acquiring 60% of the distributor's shares. Acciaierie Venete plans to increase its shareholding to 100% through a call/put option.

Euro Sider Scalo is one of the leading distributors of high quality special steel bars in different diameters and grades. The company supplies mechanical, earthmoving machinery, industrial vehicles, automotive, oil and gas, and hot forging sectors. Acciaierie Venete provides its steels to a wide range of sectors such as automotive, earthmoving and agricultural machinery, energy, mechanical engineering, and construction.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

TÇÜD: Türkiye’s raw steel production increased by 3.1% in october

Friday, November 28, 2025

South Africa-based Transnet has signed a $345.75 million loan agreement with France

Friday, November 28, 2025

French Parliament votes to nationalize ArcelorMittal; ministers warn

Friday, November 28, 2025

The European Parliament takes action against global overcapacity

Friday, November 28, 2025

SMS group and GETEC have commissioned a record-scale Power-to-Heat system in Germany

Friday, November 28, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now