28
Feb
09:23
ArcelorMittal and Italian authorities near agreement on Ilva
ArcelorMittal Italia and the Italian government are said to be close to signing a draft of agreement before the upcoming March hearing that will rule on the ownership of Italian former steelmaker Ilva.
So far unconfirmed reports suggest that the draft agreement contains a clause allowing ArcelorMittal to leave Ilva as from 1 November upon payment of a total of €500 million penalty ($552m). If the company however decides to stay it will have to pay €1.2 …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous