Steel Mills
December 21, 2020
Nucor and Duferco Part Ways as Joint Venture Ends
Written by Sandy Williams
The Nucor and Duferco joint venture has officially ended. The financial closing papers were signed on Dec. 21 marking the end of a 12-year partnership between the Italian firm and Nucor.
Said Antonio Gozzi, Duferco Italia Holding president, “These have been 12 remarkable years of productive collaboration with the first U.S. steel producer, years in which our company has grown from a technical, financial and economical point of view thanks to the contribution of our American partner. Our only regret is that in this period we were unable to achieve the results that Nucor legitimately expected from the JV.
