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Acciaierie di Calvisano seeks to buy out its 50-50 partner in wire mill in Italy

Acciaierie di Calvisano (Feralpi) announced that it is waiting final approval of the proposal it made to its 50-50 partner in the Caleotto wire rod mill.

A published report said that its partner, Duferco Italia Holding, has agreed to sell its ownership in the rod mill in northern Italy. Caleotto supplies special wire rod to a number of markets, including the automotive sector

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