Ex Ilva: ArcelorMittal demands 400 million euros to exit the shareholding of the largest steelworks in Europe

Four hundred million flat: this is the request made by the French-Indian group ArcelorMittal to remove the curtains, sell their share and exit from the shareholding of the Steelworks of Italy (former Ilva) after the incurable conflict that began with the Government and with the public partner Invitalia antenna. “Make us a good offer and we'll leave” said, according to reliable rumors, the CEO of the French-Indian group, Adytia Mittal. 400 million for 40% of the former Ilva is no small thing for a budget like the Italian one that is always suffering. Furthermore, we must consider that 400 million could close the deal with ArcelorMittal but that to give a future to the largest steelworks in Europe something else is needed, that is, 3-400 million to relaunch the company's production and around 950 to buy back the plants, also if 700 million should return to the Mef as loans paid to the first administration. It is not an easy choice but if the Government decides to give oxygen to the former Ilva, a new one will be avoided commissioner which would otherwise bring suppliers and related industries to their knees. The decision will be made in the next few days. And above all, the light will be turned back on on the largest European steel plant which it would be a crime to ruin.