Word: finanziaria
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Both the Cornigliano and Terni plants are owned by Finsider (Finanziaria Siderurgica), a government-owned steel trust set up by Mussolini to modernize Italy's steel industry. (It now controls 45% of the industry.) The trust did not do very well with the production of rolled steel: total production last year was only 300,000 tons, barely half the country's requirements. When it reaches capacity in about two years, Cornigliano alone will roll 458,000 tons, and should be able to undersell other Italian-made steel by 25%. Armco will send 60 technicians to Italy to train...
| 1 |