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Metinvest may scrap €3 billion steelworks project in Italy

Original: Metinvest is considering quitting a project to build a €3 billion steelworks in Italy as Russian attacks on the company’

Ukrainian steelmaker Metinvest is weighing whether to abandon plans for a €3 billion steel plant in Italy. Russian attacks on the company's facilities in Ukraine are straining its finances, putting the major Italian investment in doubt. The potential withdrawal is drawing attention to how the war is reshaping European industrial projects.

Why now: Russian strikes on Metinvest's Ukrainian plants are threatening its finances and casting doubt on a major Italian investment.

MetinvestItalyUkraineRussia

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