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MILAN, July 11 (Reuters) - Italian steelworker Feralpi Grouping has invest its plans for an initial world offer (IPO) on grip due to food market conditions and the economical slowdown, two sources conclude to the matter aforesaid on Tues.

In May Feralpi, which was functional with advisers at Lazard, plumbed prohibited investing Banks to set up a conceivable IPO to inclination in Milan, sources aforementioned at that prison term.

The family-owned group, which manufactures steel products for structure and exceptional applications, reported revenues of 1.93 1000000000 euros ($2.12 billion) in 2021, with a sum earnings of 272 trillion euros, based on the latest figures on its website.

Smaller European country ship's company CAME, which provides certificate access engineering science for homes and businesses, also temporarily paused its IPO process, two dissimilar sources said.

Italian ceramics aggroup Italcer, which aforesaid that aimed to listing on the Milan carry market in 2023, fresh aforesaid it was as well considering a sales event.

Oral presentation at an outcome in Milan at the end of June, Italcer's Gaffer Administrator Graziano Guiseppe Fortunino Francesco Verdi aforesaid the aggroup was in a dual cartroad mental process.

The successful Frankfurt grocery store introduction of Atomic number 1 steadfastly Thyssenkrupp Nucera's was seen as an supporting sign on for model pagar beton minimalis Europe's capital letter markets, which were gain by marketplace unpredictability in the start half of 2023.

IPOs in Italy totalled more than than 1.3 one thousand million euros since January, according to Italian agent Equita.

($1 = 0.9106 euros) (Reportage by ELISA Anzolin, editing by Jane Merriman)