Overview

• Ten offers were filed by the September 26 deadline, with Bedrock Industries and a Flacks Group–Steel Business Europe consortium bidding for the entire company.
• Eight bids target single assets from Italian operators such as Marcegaglia, Sideralba, Gruppo Toto/Renexia, Eusider, IMC, Profilmec, CAR, and Trans Isole, plus one political submission deemed ineligible.
• Reporting describes the two whole‑group bids as largely symbolic given the substantial investments the plants require.
• Minister Adolfo Urso cited judicial constraints, with the second blast furnace under court block, as a drag on production and on investors’ revival plans.
• The commissioners will take a suitable period to evaluate offers with emphasis on employment, decarbonisation and investment size, and will consider late bids only if exceptionally favorable, as unions press for nationalization and oppose a break‑up.