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Baku Steel and Jindal Steel are competing to acquire Italy's troubled steelmaker, ADI, crucial for Italy's manufacturing sector.
Baku Steel Company and Jindal Steel International are leading to acquire Italy's troubled steelmaker, Acciaierie d'Italia (ADI), formerly Ilva.
ADI faces production issues due to high energy costs and low demand.
The acquisition is crucial for Italy's manufacturing sector, with the prime minister aiming to finalize the deal by March.
The bids are currently being evaluated by ADI's commissioners.
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Baku Steel y Jindal Steel están compitiendo para adquirir el siderúrgico en dificultades de Italia, ADI, crucial para el sector manufacturero de Italia.