The steel industry has always played an important role in Italy’s history. Manufacturing was the key to the country’s post-World War II economic boom, and the steel industry in particular allowed the country to step up to become one of the strongest economies around the globe. Since then, market conditions have changed significantly. Prices decreased systematically for the 14 months ending December 2015, and in the first two months of 2016, they showed very high volatility. As a result, many leading players are in a difficult situation. Despite facing tough international competition, companies such as Eusider SpA appear to be ready for the challenge.
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