13
Dec
11:23
Italian government reveals industrial plan for Ilva
Following a meeting with unions, Italian Minister Stefano Patuanelli has revealed the first details of the government’s industrial plan for former steelmaker Ilva, now ArcelorMittal Italia.
A union representative tells Kallanish the plan is worth €1 billion ($1.1 billion) and will involve the ramp up of production from the 6 million tonnes/year suggested by ArcelorMittal to 8m t/y. This would imply no job cuts. Production will be implemented with two …
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Very good overview of the weekly steel market.
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