Italy's government restarts talks with ArcelorMittal over ailing Ilva steel plant

ArcelorMittal has agreed to immediately restart talks with the Italian government over the future of steelmaker Ilva, Prime Minister Giuseppe Conte said after a four hour-long meeting with the company’s leaders. Rome and ArcelorMittal are on the brink of a harsh legal battle as the latter tries to walk away from a 2018 deal to buy the troubled Ilva plant in the southern city of Taranto. The Indian steelmaker has blamed the Italian government’s move to scrap previous guarantees of legal immunity for a massive clean-up operation at Ilva’s heavily polluted site. …read more

Source:: Yahoo Finance

      

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