Former Ilva CEO Lucia Morselli is under investigation for fraudulent bankruptcy.
Meanwhile, the Council of Ministers has approved the decree on the operational continuity of the former Ilva plant.
Former Ilva steelworks Federacciai is considering a "conditional" expression of interest for the Taranto plant.
The Presidency Council has entrusted Antonio Gozzi with the task of verifying the conditions for involving Italian steel companies in the relaunch of plants not affected by the blockade of the hot area.
Ilva, a very difficult and perhaps unlikely rebirth: here's why it's time to adopt the "Cottarelli method" against all hypocrisy
The Taranto Ilva case, including the closure of the hot zone, nationalization, and new resources: the "Cottarelli method"—which requires disclosure of expenses and funding sources—should be the basis of any recovery plan, whether or not...
Former Ilva: Pirelli considers an investment of up to €100 million, Webuild is interested in a steelworks hub. A national consortium is also meeting with steel industry giants.
Former Ilva plant, an updated proposal covering the entire company's scope, which takes into account the closure of the hot-zone area, has arrived from Jindal, India. During the meeting at Mimit, several expressions of interest in the reindustrialization of Taranto were reportedly received, starting with...
Former Ilva plant: Hot-zone shutdown at Taranto plant within 90 days. Judges: "Risks to health and the environment."
The Milan Court of Appeal has ordered the closure of the hot area of the Taranto plant, citing the presence of asbestos and fine dust emissions exceeding legal limits.
Ilva's default is an indictment of the ruling class, but the Bank of Italy is offering us a strategy for the future, with an eye on AI.
From the Confindustria Assembly to the Bank of Italy meeting, the week just ended was filled with food for thought on the state and future of Italy, but the most compelling words were those of the Governor...
Ilva and its unbearable agony. Urso's culpable indecision and the six reasons keeping private industrialists away from Taranto.
If there weren't the risk of a government crisis, a change of guard at the Ministry of Enterprise and Made in Italy, which has so far failed to clearly address the Ilva crisis, would not only be useful but…
Former Ilva, Federmeccanica's turning point ("The State's Guide") is a sign of the failure of the market and the Government but also a test of realism
The private sector's surrender to the decline of the former Ilva steelworks is the result of three failures: the market, the Italian system, and the government. But it's also a sign of realism.
Former Ilva steelworks, the Indian Jindal group is back on track: it will face Flacks. The government: "We will exercise our Golden Power rights."
Former Ilva: Jindal expresses interest to be compared with the proposal from the US fund Flacks. Timing and details.
Former Ilva: Flacks and the Government reach an agreement: negotiations begin, with the State holding a 40% stake and €5 billion in investments.
Flacks Group announces an agreement with the government for the former Ilva plant, but the sale isn't yet finalized. Exclusive negotiations have begun: the state holds a 40% stake, €5 billion in investments, and unions are on high alert.
Former Ilva: Decaro's arrival at the helm of Puglia could usher in a new era, but the government must find the courage to turn the tables.
Antonio Decaro's election in Puglia could break the deadlock at the Taranto steelworks: a strategic asset for Italy's industry, defense, energy, and geopolitical role. But a government shift is needed to find a business-friendly solution.
Former Ilva plant killers in Taranto have many names, but unions must also admit their guilt.
There are many responsibilities for the inexorable demise of the Taranto steelworks, but the unions have never been able to halt its decline. The signing of the metalworkers' contract isn't enough to make the outcome of a positive period...
Former Ilva plant: The Council of Ministers approves a new interim decree for plant continuity. Here's what happens next after lockdowns and security measures.
The new decree for the former Ilva steelworks authorizes Acciaierie d'Italia, currently in extraordinary administration, to use the remaining €108 million in bridging financing until February 2026. Meanwhile, a new meeting with the unions will be held on November 28th.
Transition 5.0 and the former Ilva: two flops by Minister Urso at once are a bit too many.
After a long hiatus due to cumbersome regulations, the Transition 5.0 program, which finances companies investing in green machinery and equipment, has been weakened by cutting a large portion of its funding and diverting it to the budget.
Former Ilva plant collapses: government and unions clash over four-year contract plans. 6,000 workers on furlough.
The government and unions' talks over the former Ilva steelworks fall through, "a closure plan, not a revitalization plan." 6.000 workers are on furlough. The transition to green steel is at risk, and meanwhile, a new buyer is emerging.
Taranto Mayor Resigns: Why Bitetti Resigned and What the Ex-Ilva Steelworks Have to Do With It
Taranto Mayor Bitetti resigns: the former Ilva steelworks issue, tied to the institutional agreement on the factory's decarbonization program, is even more precarious following the mayor's resignation. Here's what happened.
Ex Ilva: nationalization returns to the table in the deafening silence of industry, banks and politics
The Taranto case is back in the spotlight, but for now it remains without concrete answers from industry, banks and politics. This is why nationalization can become the last resort
Steel Industry, Who Are the Killers of Ilva Taranto? Sinking the Largest European Steel Plant Is an Unforgivable Crime
The fire at the Taranto blast furnace puts into doubt not only the future of the most important site in the Mediterranean but also the fate of the Italian steel industry itself. The chain of responsibilities is endless and the rosary of promises and failures is…
Ex Ilva, blow to jobs after stoppage at Taranto blast furnace: 1.000 more workers immediately on redundancy pay, 4 more
The new request for redundancy payments presented by Acciaierie d'Italia, the former Ilva, exceeds 4 thousand total workers. Here's what could happen after the fire and seizure of blast furnace 1 of the Taranto steelworks: the sale is also at risk
Ex Ilva: the best offer? The commissioners choose Baku Steel. Who is behind the Azerbaijani consortium
Ex Ilva, the commissioners choose Baku Steel: confidential negotiations begin. Who is in the Azerbaijani consortium that launched the offer: numbers, employment stability and new production cycle. Cautious unions
Ex Ilva, the Government allocates additional 250 million to guarantee production continuity
Decree approved to guarantee the continuity of the former Ilva plants with 250 million euros. New deadline of January 31 for acquisition offers, while unions continue to ask for an active role of the State
Ex Ilva, ten offers for Acciaierie d'Italia: three groups interested in all the assets (and they are foreign). Here are the names
Ex Ilva, ten offers have been received for the acquisition of the plants: the names, the groups, the origins. Among the Italians, interested only in the individual assets, also Marcegaglia
Mirafiori closes, Ilva without a future, Italian industry suffers but is off the political radar: the turning point invoked by Bentivogli
Italian industry has fever but politics is looking elsewhere. The former leader of Fim-Cisl spurs it on by calling for the courage of reforms to address the four critical issues of our country and urging the unions to focus on bargaining
Ex Ilva: the tender for the sale has arrived. Government and unions are playing the new game of relaunch
The tender for the sale ends in September but the process must include all the main unresolved points. Government and unions testing their respective responsibilities.
Ex Ilva, 400 million to restart: this is what the three-phase plan will look like
The three-phase plan involves the reactivation of a second blast furnace in Taranto, with an economic intervention of 400 million euros, and the objective of reaching 4 million tonnes of steel produced per year by the end of the year. The…
Former Ilva, the Court declares the state of insolvency: over 3 billion in debt. Towards the release of Mef funds of up to 320 million
Former Ilva, the decision of the Court of Milan gives the green light to extraordinary administration. And the possibility of a bankruptcy investigation is looming. Here's what the judges write: "Absolute absence of cash liquidity" which can compromise the "survival" of the company
Former Ilva: Quaranta is the commissioner of the steel group. A single shock absorber for the armature. We are looking for buyers
Turning point for the former Ilva. The Government has appointed engineer Quaranta as Sole Commissioner with the aim of guaranteeing production continuity, the relaunch and sale of the steel group from which the multinational ArcelorMittal is leaving the scene
Former Ilva, Invitalia asks for extraordinary administration, countermove by ArcelorMittal but the administration is close
For the former Ilva we are at a turning point: a move by Invitalia and a counter-move by ArcelorMittal but the slope is that which leads to the administration of the largest European steel factory, which has been in a pre-agonistic state for months due to the responsibility of the private partner but also...
Former Ilva, Fim-Cisl to the Government: "Do not leave the Taranto site in a situation of uncertainty"
The Court of Milan rejects the request of Acciaierie d'Italia against the extraordinary administration. Commissioners' inspection of the former Ilva factory interrupted. Benaglia and D'Alò (Fim Cisl): "the Government guarantees business, production and employment continuity"
Former Ilva, green light for "creditor-saving" decree: benefits and Cigs for related industries among the measures
To obtain access, in the last two financial years the companies must have produced at least 70% of their turnover towards the client subjected to the procedures. A non-repayable contribution may also be requested to reduce the interest rate.…
Ex Ilva, Meloni, Confindustria, economy and wars: interview with Fabio Storchi, pioneer of mechatronics
The Emilian entrepreneur, former president of Federmeccanica, speaks: in Taranto the hope is that "the government will find a group of entrepreneurs, possibly Italian, willing to revive the fortunes of the company". Political stability of the government: "The prime minister? Let her work so we can then evaluate her." Confindustria? "Will know…
Former Ilva: it was the Conte 2 Government that signed the noose contract with ArcelorMittal in 2020 that knocked out Taranto
The multinational ArcelorMittal is certainly the main culprit in the crisis of the former Ilva and the large steel plant in Taranto but the origin of the disaster bears the signature of the Conte 2 Government which in 2020 signed an unfortunate agreement with the Indians...
Ex Ilva, letter from ArcelorMittal to the government to reopen the negotiation. A possible path?
According to rumours, behind the industrial giant's move is the willingness to resume dialogue at the last minute. The executive hopes for a step backwards: "Negotiations are always open", but in the meantime it is moving forward with the commissionership
Ex Ilva will be placed under commissionership. But the extraordinary administration will be temporary: government looking for the best partners
The executive will use the 320 million euros previously foreseen for the capital increase in Acciaierie d'Italia. New round with the unions within 14 days
Former Ilva, the government strengthens the defenses of production continuity and employment and meets the unions on Thursday
First measures by the Council of Ministers to guarantee production continuity and defense of employment at the former Ilva in view of the meeting with the unions tomorrow
Ex Ilva: Snam can disconnect gas from Acciaierie d'Italia, green light from the TAR to stop supply
The stop comes due to the non-payment of 178 million euros in invoices. The judges: "We cannot continue to burden general taxation"
Ex Ilva: ArcelorMittal demands 400 million euros to exit the shareholding of the largest steelworks in Europe
The payment of 400 million to buy back the shareholding of ArcelorMittal is the first step to bring the former Ilva out of the tunnel but further disbursements are needed to relaunch it
Ex Ilva: if there is no agreement, the commissioner will be there. Urso: “Drastic intervention”. Who are the other possible suitors?
The moment is difficult and uncertain regarding the hypothesis of other suitors. The rumors potentially speak of Vulcan Green Steel, Metinvest or Arvedi
Former Ilva: it is urgent to guarantee production continuity and put it back in Italian hands. Relaunching is difficult but not impossible
The history of the former Ilva of Taranto demonstrates that the interest of the Indian private partners was not that of development but of the neutralization of the plant. Now the government calls Italian private industrialists, unions and banks to a table to draw up…
Ex Ilva, still black smoke from the Board of Directors: new postponement and great uncertainty about the agreement between ArcelorMittal and Invitalia
The future of the former Ilva is becoming increasingly uncertain with the lack of agreement between the shareholders - The decision is postponed to 2024, with a meeting set for early January
Former Ilva, Government: "Business continuity will be guaranteed", but the unions rise up and do not leave Palazzo Chigi
The tug of war between the Government and the unions continues. The Government ensures business continuity, but postpones everything to a new meeting, the unions are not on board: "We will not leave Palazzo Chigi until we have answers"
Former Ilva strike and demonstration in Rome underway: a day of protest to shake up the government
The 24-hour national strike called by Sim, Fiom and Uilm called to ask the government for a meeting and a turning point in the negotiations. Unions summoned to Palazzo Chigi
Former Ilva, Bernabè makes his mandate as President available to the Government: "Without funding the company dies"
The President of the Steelworks of Italy (formerly Ilva) is one step away from resigning and has communicated to Minister Urso his intention to leave if the Government does not save the company by financing it as requested
Former Ilva, President Bernabè raises the alarm: “There is no more time, more money is needed and the Government knows it. Act now"
“Without investments there is no future” said the president of Acciaierie d'Italia Franco Bernabé. Palazzo Chigi has called the unions for Wednesday 27 September in view of the 24-hour strike on Thursday
Adolfo Urso, without a new plan and without changing CEO Morselli, the former Ilva has no future
The decline of the former Ilva of Taranto is there for all to see but Minister Urso does not yet have a recovery plan and above all he seems to be unaware that without new governance and a new guide to cancel the flop…
Acciaierie d'Italia (formerly Ilva), Bernabè: "Weld arrears to Snam or stop energy and Taranto's activities"
The cost of gas? An "unsustainable" burden for the former Ilva. The president of Acciaierie d'Italia Franco Bernabè speaks of the "dramatic situation of the company"
Ex llva: 680 million arrive from Invitalia, ok from the Mef
The Mef has prepared the disbursement of 680 million for Invitalia. The latter will transfer them to Acciaierie per l'Italia.
Steel: Marcegaglia closes the purchase of the stainless steel multinational Outokumpu for 228 million
Emma and Antonio: the operation allows us to become a significant player in Europe and fulfill the dream of our father Steno who wanted to invest in the primary production of steel. How will the operation affect the ex-Ilva match?
Acciaierie d'Italia, appeal by Benaglia (Fim Cisl) to Mise and Invitalia for a meeting on financing Aiuti bis
The metalworkers' unions ask Invitalia and MiSE for a meeting to learn about the methods and objectives of the financing to Acciaierie d'Italia envisaged in the Aiuti bis decree
Aid bis decree: support for families against high bills, pensions, tax wedge. Government measures
The government passes the Aiuti bis decree which contains, among other things, the advance of the revaluation of pensions, the cut of another point of the tax wedge below 35 thousand euros, the discount on the bill and the "save Ilva" rule
Ex Ilva, RSU meeting in Taranto between Fim Cisl, Fiom and Uilm: "Enough degradation, the Government must intervene"
In view of the June 22 meeting at the Mise, the union asks the government to intervene with clear indications to allow the plant to raise production
Ex Ilva: extension of the ArcelorMittal-Invitalia agreement. Status at 60% in two years, top management confirmed
Everything postponed to 2024 pending the hoped-for hot release from seizure of the area. ArcelorMittal remains 60% of the former Ilva, Bernabé and Morselli confirmed at the top
Ex Ilva, the metalworkers' unions are pressing the Government: "The situation is serious, it's time to intervene"
Alarm from the unions on the former Ilva after a new accident at work: they ask for "a clear stance from the Government", but the origin of the troubles is upstream. Ask Conte
Ex Ilva, layoffs: skip the negotiation between the unions and Acciaierie d'Italia
No agreement at Monday's meeting - Now Acciaierie d'Italia will be able to decide unilaterally on numbers and routes: exactly what the Ministry of Labor wanted to avoid
Acciaierie d'Italia (formerly Ilva)-unions: today a summit on layoffs, but the letters have already left
The meeting will be held today at the ministry of labour, but the company has already announced the one-year extraordinary CIA for 3 employees - The unions ask for a step back
Ex Ilva will not become public in May and for now control will remain with ArcelorMittal: here's why
The former Ilva will not pass under the control of the Italian state in May, through Invitalia, because the three conditions agreed by the Conte government with ArcelorMittal are missing
Ex Ilva: Maire Tecnimont studies the farewell to coal
The group, through its subsidiary NextChem, will carry out a feasibility study relating to the use of circular gas in the Taranto steel plant, obtained with chemical recycling technology
Ex Ilva, Fim Cisl: "Reopen the confrontation on an industrial level"
The union asks the government and the company to return to the negotiating table as foreseen at the summit at the end of July, when the negotiations on the plan had been postponed until after the new board of directors took office - Meanwhile, Minister Giorgetti opens…
Ex Ilva, the Council of State overturns the Tar: "Reopen hot plants"
According to the judges, the reasons for the blockade ordered by the mayor of Taranto were not such as to constitute "serious and imminent danger to the population"
Acciaierie d'Italia and Bernabè: 7 points for a breakthrough
In a few days, the top manager Franco Bernabè, former number 1 of ENI and Telecom Italia, will assume the presidency of the former Ilva: for Italian taxpayers this is good news and a guarantee of professional rigor but because the troubled iron and steel group…
Ex Ilva, Invitalia enters with 50% and Acciaierie d'Italia is born
the French-Indian giant and Invitalia have finalized the agreement for the public-private partnership. ArcelorMittal Italia changes its name to Acciaierie d'Italia and soon Bernabè will be the new president
Metalworkers: 56 thousand employed at risk. Here is the map
In a report on the disputes in the engineering sector, Fim Cisl sounds the alarm: 56 jobs at risk linked to the 47 national and 52 regional tables - Steel and aluminum are worrying, but the dangers in other sectors are also…
Chaos Ilva: ArcelorMittal shuts down the ovens, then reconsiders
The French-Indian group accuses Invitalia of not respecting the commitments on the payment of the public fee, but then reassures the unions. The moves of the new government, which will rethink Conte's road map, are decisive.
Ilva: what the Invitalia-Arcelor Mittal agreement provides
The plan provides for two capital increases - After the second, to be held in May 2022, 60% of Ilva will be in the hands of the State - Guaranteed the reabsorption of all workers and a maxi-process of decarbonisation but…
Ilva, choose managers for shoes or for competence?
The state's entry into Ilva leaves the command posts in the hands of Mittal's French-Indians and in particular the controversial CEO Lucia Morselli, who incredibly would like to choose managers "from the shoes" - It would be good if the Government listened instead...
Ilva, so that the return of the state is not a defeat for everyone
Another 400 million euros of all citizens to burn in the Ilva of Taranto: it is the entrance ticket that the State will have to pay through Invitalia - But with what strategy and with what management skills? - You don't…
Ilva, Invitalia-Arcelor agreement: state steel is back
Preliminary agreement signed: the final signing is scheduled for December 11 - Initially, Invitalia and AM InvestCo will each have 50% of the new Ilva, but in 2022 the State will rise to 60% - All job posts guaranteed Work
ArcelorMittal: 2-hour strike on 25 November
A strike for ArcelorMittal's steel workers throughout Italy has been proclaimed by Fim, Film and Uilm to protest against the management of the plants and ask for clarity on the future - Presidiums, initiatives and press conference of the secretaries are planned…
Ilva, the State will take control with Invitalia
The Government is now certain of an entry into the capital of ArcelorMittal Italia, and promises to maintain 100% of the workforce. The concerns of the trade unions.
Benaglia (Fim Cisl): "Smart working yes, but with precise agreements"
INTERVIEW with ROBERTO BENAGLIA, new secretary of the metalworkers' union - "It's time to tighten the collective agreement, let's not delude ourselves that the Recovery Fund is enough" - "Ilva crisis: in Puglia the electoral campaign is over, the Government no longer…
ArcelorMittal: red of 559 million in the second quarter, peak revenues
"One of the most difficult periods in our history", is Lakshmi N.Mittal's comment on the half and second quarter accounts - Steel demand plunges due to covid, but Aditya Mittal hopes for a recovery in Europe thanks…
Ilva, Conte: "Possible entry of the State"
In the question time in the Chamber, the Prime Minister explains that "a new corporate structure" is being worked on - The Simplifications decree is coming: "It will be the mother of all reforms"
Ex Ilva, Government: "Unacceptable Arcelor Plan". Bentivogli: "Fake"
Economy Minister Roberto Gualtieri defines the plan presented last week by Arcelor Mittal - Bentivogli (FIm-Cisl) as "inadequate": "Company tears up agreements and presents bogus plans. Government is the guarantor of industrial commitments"
Ilva shock, 3.300 redundancies already in 2020: unions in turmoil
ArcelorMittal presented a plan for Taranto that reneges on the commitments previously made, revisiting it - according to the French-Luxembourg company - due to the Covid-19. Bentivogli (Fim Cisl): "Only an alibi". Government divided on the solution - Tuesday 9 June strike in all…
Ex Ilva, plants stopped. Bentivogli: "Covid is not an alibi"
Production almost completely stopped in Novi Ligure and Genoa, Taranto also slows down - The number of workers on layoffs has expanded - Bentivogli and D'Alò (Fim-Cisl): "Covid-19 cannot be an excuse to dismantle the former Ilva"
Ilva Taranto, ArcelorMittal can leave by 2020
The controversy grows after the agreement signed between the commissioners and ArcelorMittal. The industrial plan is ambitious, but in fact it will allow the group to leave Taranto by the end of the year by paying a penalty of 500 million - Bentivogli: "The taxpayers will pay"…
Ilva: agreement signed, but the unions protest
The agreement between ArcelorMittal and the commissioners has been signed - In a joint note, the CGIL, CISL and UIL speak of "too many unknown factors" both on the Government's strategy and on the plans of the investors - "The agreement risks being unsustainable" - Also in the field…
Ilva, aut aut of the mayor: "Enough emissions or stop activities"
The mayor of Taranto has signed an ordinance requiring the identification of the plants affected by the emission phenomena within 30 days, otherwise activities will have to stop - The agreement between the commissioners and Arcelor could be postponed to next week
EU Green Deal: the funds and the consequences for Italy
The just transition mechanism was presented, part of the 1.000 billion euro EU Green Deal - 364 million to Italy - Four Regions where this money could be spent starting from Puglia, engaged in the relaunch of the former Ilva…
Ilva, blast furnace 2 remains lit: appeal accepted
The Court of Review overturns Judge Maccagnano's decision and agrees with the commissioners, who will now have 14 months to automate the casting of cast iron
Ilva-ArcelorMittal, evidence of agreement. But the redundancy issue remains
The Taranto steelworks, in extraordinary administration, has reached a pre-agreement with the French-Indian group to gain another month's time - Three points: green steel, investments and employment - Hearing postponed to 7 January.
Ex Ilva decree: reliefs for those who hire, Cigs and aid
In the draft of the Taranto decree which should be presented on Friday 20 December in the Council of Ministers, a fund of 50 million euros is foreseen for former Ilva workers, 100% relief for those who will take on the redundancies of the polo…
Ilva: blast furnace 2 shutdown order signed
The shutdown procedures will begin on Monday 14 - ArcelorMittal has already requested layoffs for 3-500 workers - Patuanelli announces that the State will invest one billion
Ex Ilva: ArcelorMittal announces Cigs for 3.500 employees
The company has summoned unions after the court's decision to reject the request to extend the use of Blast Furnace 2.
Ilva, rather than public capital, we need up to date steel managers
The billion that the Mittals would be ready to pay to get rid of Taranto is not a completely far-fetched hypothesis because the Ilva case is unfortunately a jungle - To relaunch the largest steel plant in Europe, managers would be needed…
Ilva, ArcelorMittal announces 4.700 redundancies. Unions: "Inadmissible plan"
During the table at the Mise, CEO Lucia Morselli announces 2.900 redundancies already for next year, 1.800 by 2023 - Production rises to 6 thousand tons of steel - Unions: "There are no conditions for an agreement" - Conte : "We reject…
"Alitalia has already gone bankrupt twice: stop wasting more public money," warns Gallo
INTERVIEW WITH RICCARDO GALLO, President of the Observatory on engineering companies at Sapienza and former vice president of IRI - "Public intervention is not good for the economy or for companies" - "When too much money circulates, it poisons the company " - The case of Ilva and…
Ilva, environmental doctors are also in the field
In a document, the ISDE organization asks to evaluate the conversion of the plants to protect and protect the health of the people of Taranto. The examples that come from abroad
Ilva: Mittal opens to dialogue after the summit with Conte
Restart of production in Taranto and new industrial plan in exchange for layoffs, postponement of the judicial hearing and involvement of the public system: these would be the starting terms of the confrontation that restarts between the Government and ArcelorMittal after the summit…
Salva-Stati and Ilva: hot day for Conte
Majority summit this morning on the reform of the Mes: Conte focuses on the postponement but Gualtieri disagrees - In the afternoon the Premier meets the Mittals hoping for a thaw on Ilva
Ilva Taranto, the judicial tangle does not promise an exit from the tunnel
The political contradictions on the penal shield and the overlapping of judicial actions seem to distance a solution for the crisis of the tormented Taranto plant
ArcelorMittal reverses: does not shut down the blast furnaces immediately
The company suspends the shutdown of the Taranto plant pending the Milan judicial hearing on November 27 - Guardia di Finanza in the ArcelorMittal offices in Taranto and Milan
Ilva, De Vincenti: "Mittal is wrong to turn off the blast furnaces but we need a shield"
INTERVIEW WITH CLAUDIO DE VINCENTI, former Minister of the South - "The closure of Taranto would be a tragedy for the city" and not only that but the Government should clarify its objectives - "Milan should not be criticized, but imitated" - A Manifesto…
Ex Ilva, tough legal battle over ArcelorMittal's withdrawal
Urgent appeal by the commissioners against the decision of the French-Indian group to leave Taranto - The Milan prosecutor's office opens an investigation - Another appeal in Taranto against the "sabotage of the national economy" - Conte: "No to closure, Arcelor will pay the damages"
Ilva effect: the spread makes the markets tremble again
The Ilva crisis has repercussions on the country's general credibility and the BTP suffers while the spread with the German Bund widens to almost 170 bp - The markets are still betting on the approach of peace on tariffs
Ex Ilva, ArcelorMittal shock: definitive closure in January
Dramatizing move by the French-Indian group which initiates the shutdown of the blast furnaces in Taranto and prepares the definitive closure of the plant for January - Unions on a war footing, government displaced
Ilva, Arcelor denies Emiliano: "We won't stay until May"
The Apulian governor had reported an interview he had with the CEO of the French-Indian group, but sources close to the company deny it. The company closes the ribbon 2 train on November 26th. Presidium of associated companies at the Mise: another 6 jobs at risk…
Ilva, surprise ArcelorMittal: "We will stay until May"
ArcelorMittal says it is ready to manage the Taranto plant until May, when the withdrawal request will be discussed in court, but 5 redundancies remain on the table - However, there is room for negotiation
Ilva: M5S divided on the shield, ArcelorMittal leaves
The company presented the act of withdrawal from the contract to the Court - Prime Minister Conte fails to convince the M5S rebels to reintroduce the penal shield and the Government thus loses the only weapon to track down the French-Indian company
Ilva also hurts the spread which returns to 160
The impasse over Ilva and the difficulty of restarting the Italian economy are also weighing on the yields of government bonds and widening the spread of BTPs with German Bunds - The Stock Exchange and two-speed banks are cautious.