PIOMBINO, ITALY – AUGUST 05: A view of the Lucchini steelworks on August 5, 2010 in Piombino, Italy. Alexei Mordashov the Russian billionaire chief executive officer of OAO Severstal and the largest shareholder of Lucchini steelworks presented business plans at the meeting to local and national institutions. Mordashov had been looking to sell Lucchini, the largest Italian steel producer employing 4,000 staff, if he was unable to arrange debt restructuring agreements with banks. The Russian steelmaker Severstal, also controlled by Mordashov and which has a significant stake in Lucchini has stated that it may reconsider previous plans to view the company as a discontinued operation, confirming it make look to deliver a business plan for presentation to the banks in September. (Photo by Laura Lezza/Getty Images)





