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13 Jan
11:26

ArcelorMittal reveals Ilva's new industrial plan

The new industrial plan for the relaunch of former Italian steelmaker Ilva involves an investment of €310 million ($377m) in 2021. It includes the remaking of blast furnace no.5, which has been idled since 2015, and a production ramp-up from the current 3.3 million tonnes/year to 5m t/y in 2021, Kallanish learns from unions. In a meeting with unions at national trade association Confindustria’s offices in Rome, the new Ilva shareholders, Invitalia and A…
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