FIRSTonline wrote it in unsuspecting times. The getting in the way of the governor of Puglia and the mayor of Taranto compared to the line taken by the Government for the rescue and revitalization of the steel plant he would have postponed any final decision until after the elections. And so it was.
The commitment made by Mittal-Arcelor group it was reconfirmed albeit under a guarantee clause with respect to unpredictable repercussions on the fate of the steel industry of the causes opened by local politics or those pending "on Jupiter's knees" or rather by some Public Prosecutor. Now Electoral results are awaited: it will be these that will determine either the continuity of the commitments traced by the international tender and the negotiations with the union parties or an overturning of the front with a request for an injection of public money if the polls reward the new transversal statists on the center right or the equally noisy ones of the 5 stars.
Mittal did not interrupt union negotiations; he did not overemphasize prosecution with the uncertainties and unpredictability of their outcomes; did not hesitate for a moment to market the Magona d'Italia plants in Piombino as requested by the European Commission. While Mittal is firmly awaiting the outcome of the Tar, the Ministry led by Carlo Calenda, held back at the last mile by Emiliano's legal push, became more cautious after the initial sparks. He has kept the whole matter under wraps and, every two days, issues press releases that give ever more detailed information on the now ready environmental investments and on the gigantic hangar that will cover the entire mineral areas: a world-record engineering effort. In the meantime, March 5 is expected.
In Piombino, a little oxygen is given to the hopes of survival of a centuries-old iron and steel history by insisting on the entrepreneurial turnover of the Algerian Rebrab and its Cevital. For the Magona put on the market due to issues of European competitiveness (the second largest industry in the area) Arvedi stepped forward ready to take over the ownership to give added value to the coils he produces in Cremona. It looked done. Except that Acelor Mittal announced that the sale would take place by removing the pre-painting lines, i.e. the transformation of coils with higher added value and a more attractive product on the market. A modern line from Piombino to be dismantled and installed in one of the factories of the empire. So nothing done.
The private Italian steelmakers are at the window while they settle with each other to conquer market shares in long products through the acquisition of plants sold by shareholders who appear tired, who are in bankruptcy or who now want to resize their companies. AND' the case of ORI Martin of Brescia which sold the historic Ceprano (Frosinone) plant to the Pittini Group. Ceprano and Potenza are now putting a mortgage on the rich market in the center and south.
The verticalized production lines in the electro-welded mesh and in the pylons are by now the center of the strategy of the Friulian group which has placed another coup by acquiring the business branch of what used to be Stefana di Nave from Duferco di Gozzi. A rudeness by the president of Federacciai towards his Brescian ally and which casts some shadows on the pact that united him with Giuseppe Pasini, threatened at home by the dynamic heirs of the Osoppo Group.
