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Italy’s Lucchini nears deal to sell core steel assets to Algeria’s Cevital

Italy’s second-largest steelmaker Lucchini will ask the Italian government for permission to sell its Piombino complex to family-owned Algerian conglomerate Cevital, the company said on Tuesday. Lucchini was previously owned by Russia’s Severstal but was declared insolvent in 2012 and ...

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