Agreement signed, after two and a half months of negotiations, for the sale of the Aferpi steelworks in Piombino (close to Livorno, on the Tuscan coast), which passed from the Issad Rebrab Cevital group in Algeria to the Jindal South West group in India. The amount paid by Jsw is EUR 55 million, which comes to EUR 90 million after taking trade working capital into account.
The Minister Carlo Calenda and the President of the Region of Tuscany Enrico Rossi express their satisfaction for the positive conclusion of an affair that put at risk one of the most important Italian iron and steel centres and the jobs of 2000 people. The Ministry and the Region will closely monitor the next developments and the respect of all commitments.