Marcegaglia SpA
Trade riskItaly.
Summary
The Italian Minister of Economic Development announced, “Marcegaglia Group has finalized a Memorandum of Understanding to strengthen collaboration with MSC-Mobarakeh Steel (to the value of 450 million euros).” (Italian Ministry of Economic Development Website, “Iran: ecco gli accordi firmati oggi in occasione del Business Forum italo-iraniano,” 4/13/2016). According (https://www.siderweb.com/articoli/news/693204-marcegaglia-punta-sull-iran)
In January 2016, Marcegaglia expressed interest in importing raw steel material from Iran. (Gazzetta di Mantova, “Gazoldo traina l’import dall’Iran,” 1/19/2016). (https://www.siderweb.com/articoli/news/693204-marcegaglia-punta-sull-iran)
On April 12, 2016, Marcegaglia reportedly signed a Memorandum of Understanding with the Iranian steel company,Mobarakeh Steel Company (“Mobarakeh”) “in order to strengthen the commercial partnership between the two companies.” (Sider Web, “Marcegaglia punta sull’Iran,” 4/18/2016). (http://gazzettadimantova.gelocal.it/mantova/cronaca/2016/01/19/news/gazoldo-traina-l-import-dall-iran-1.12808418)
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