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ORI Martin, an Italian special steels producer, acquired a majority stake in Ferrosider SpA, a rolled steel products company based in Ospitaletto, Italy. The deal is valued at an estimated €80 million.
“Ferrosider with this agreement carries out an important upstream integration by joining the ORI Martin Group, from which it will obtain supplies of special steels for the automotive sector.”steelorbis.com
Summarized from public sources; check the original articles before acting on it.