ArcelorMittal CLN has sold its shareholding in Centro Servizi Metalli SpA, a leading company in the distribution of stainless steel plates with headquarters in Reggio Emilia and operating branches also in France and in Poland.

The shareholding – corresponding to the 42.39% of the share capital - had been acquired by ArcelorMittal CLN in 2018, and now it has been sold to Industeel Belgium SA, a company of the ArcelorMittal Group, acting as manufacturer of heavy plates mainly in stainless steel, which was already holding a shareholding corresponding to the 49,0% of the share capital of Centro Servizi Metalli SpA..

The disposal is part of the strategy of ArcelorMittal CLN to concentrate on the core business of the distribution of low carbon steel flat products.