Former Ilva plant: The Court of Appeals confirms the shutdown of the hot zone by October 28th. Health is a priority, but the future of 2.500 related workers is uncertain.
The Aigi, the Association of AdI and General Industries, has sent the unions letters regarding the collective dismissal procedure: "An extreme and painful act, but inevitable after the closure of the hot area."
Meanwhile, the Council of Ministers has approved the decree on the operational continuity of the former Ilva plant.
The steel game in Taranto is entering a decisive phase: from the private consortium to the Jindal option, issues regarding blast furnaces, employment, and industrial strategy remain unresolved.
The consortium is focusing on cold-processing plants and will now be able to access the data room to evaluate the transaction's accounts and terms. This is a first step toward a potential offer, while the hot-processing area and the industrial future remain to be resolved...
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.
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.
The crisis at the former Ilva steelworks in Taranto risks becoming one of the most serious cases of deindustrialization in our country, but it also reflects the contradictions of Italian society.
British Steel returns to public ownership. The British government announced the nationalization of the steel company, previously owned by the Chinese Jingye Steel Company, to prevent the closure of two blast furnaces.
Etienne Davignon, a man of Brussels and steel, has died. In the 80s, at the height of the European crisis, he listened to new entrepreneurs and gave space to a changing industry, leaving his mark on Italy. Ugo Calzoni, who was…
Is Starmer on the brink of collapse? The British media are highlighting the internal revolt within his party, Labour, and the rift within his own cabinet, but this morning the prime minister reiterated: "I intend to continue governing." The British issue...
The net effect of the changes could mean an actual increase in costs for many imports, analysts say.
Global steel demand is growing amid reconstruction, armaments, and infrastructure. In Italy, the private sector is ready, but the former Ilva steelworks in Taranto remains stuck between uncertain investors, a weak state, unions, and endless litigation, hindering new investments and the industrial revival.
According to Whirlpool Corporation, the ruling does not affect tariff measures applied to materials used in household appliances. But there are some caveats.
The latest rumours about a possible reduction in US tariffs on steel and aluminium are shaking up the Italian stock market: Prysmian is collapsing due to its exposure to the US market, Tenaris is rising thanks to lower costs, while global prices and competitors are coming under pressure.
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.
Danieli, the Italian steel giant, rose more than 4% on the stock market today, continuing a bullish trend that began in mid-July. The Friulian company's financials showed good resilience to Trump's tariffs on the sector thanks to its...
The historic former Ilva steelworks in Taranto, which is crucial for the production of flat rolled products for a large part of the Italian industry, is in chaos, but it doesn't seem that Minister Urso has yet found the key to saving it.
One produces cars that don't sell, the other steel whose production is struggling to maintain. Both, however, tell an increasingly evident truth: the Italian industry is in crisis, and its two historical symbols are rowing against
The operation strengthens industrial ties between the two countries and is seen as a sign of relaxation in an era of duties and counter-duties. Many investments are expected. Work for over 100.000 people
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
After the "bomb" dropped on cars with 25% duties, car manufacturers must make a decision: move to the US, as Trump would like, or raise prices, as Ferrari did? If Washington doesn't reverse, it will be a…
Steel, Europe's countermove to Trump's 25% tariffs: here's what can happen. Sejourne: inflow regulation to come into force starting in April
The US president relaunches his trade war with new 25% tariffs on steel and aluminum, while preparing further "reciprocal" duties against countries that tax American goods. Today also sees the entry into force of Chinese duties of 10-15%…
The government extends the deadline for the sale of the former Ilva, until mid-February, hoping for better offers. Meanwhile, the company is asking for the renewal of the redundancy fund for 2025, but with a reduced number of workers involved
The outgoing US president blocks the nearly $15 billion acquisition by the Japanese giant. In line with Trump's positions, the decision prevents the creation of the world's third largest steel giant, fueling tensions with Japan and…
The Italian steel industry, second in Europe and eleventh globally, has achieved important sustainability goals, but faces several challenges. A study by Cdp proposes solutions to relaunch the sector, with particular attention to Acciaierie d'Italia in Taranto
In 2023, Europe produced 7,4% less steel than in 2022. Italy in 11th place in the ranking of producers, constantly slowing down. Chinese competition wipes out the EU industry that seeks remedies
Blast furnace 1 of the former ILVA in Taranto is back on and Minister Adolfo Urso agrees. The Afo, as it is called by citizens and workers, had been stopped since August 2023, when maintenance work became apparent. It is not…
Interview with Andrea Barazzoni: the Fiac president, head of the historic family business, denounces the unequal competition between Chinese and European household goods. With Chinese duties of 18% against the 3,2% EU, Italian exports are hampered, while low-cost products…
After the partial release of supplier credits, the wait for the sale to be concluded is rising. 15 expressions of interest have been received, will the State really be out of everything?
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.
New government-union meeting: towards the sale of the plant. Among the six possible buyers there are also two Italians
An agreement was signed in Piombino for the complete recovery of the steelworks. 143 million euros to invest. For Taranto the team of extraordinary commissioners is strengthened.
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
The Anghileri family group has completed the acquisition of Profiltubi and its subsidiary OMV Ventura from the German fund Auctus Capital Partners, bringing an important player in the country's steel sector back under Italian ownership
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"
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
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
The stop comes due to the non-payment of 178 million euros in invoices. The judges: "We cannot continue to burden general taxation"
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
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
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"
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
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
The Apulian institutions in Brussels presented the economic and cultural transition plan: the funds of the JTF must be spent and the Made in Italy hydrogen project will go ahead. A warning also for the government.
The EU Commissioner for the Green Deal evaluates with interest the project to transform and relaunch the Acciaierie d'Italia plant. Europe needs green steel
The Mef has prepared the disbursement of 680 million for Invitalia. The latter will transfer them to Acciaierie per l'Italia.
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?
In an interview with Corriere della Sera, Franco Bernabè explains what can happen after the Meloni government decree: environmental plan, suppliers, plant release
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
On the occasion of the half-year results, with declining profit, ArcelorMittal announces the agreement to acquire the Brazilian steelmaker - And the market appreciates: in Paris the share rises by more than 5%
After announcing the conquest of Mariupol, the battered city in eastern Ukraine, Putin orders the suspension of the final attack on the Azovstal steel plant, where 2 Ukrainian soldiers and many civilians are barricaded. Who will save them?
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
Sustainable Ventures, Spac with a focus on the green transition promoted among others by the former CEO of Eni aims to raise 150 million and be listed on Euronext Growth Milan in March
The closing of the operation should arrive in the first half of 2022 - Fim Cisl: "Positive news for the country" - We return to talk about the national plan for the steel industry
ABS, a subsidiary of the Danieli group, has inaugurated QWR in Udine, a 4.0 steel plant, unique in the world for its flexibility. Danieli's president, Gianpietro Benedetti: "In plant engineering we want to become number 1 in the world". The green model in Taranto would reduce emissions…
The iron and steel giant benefits from the recovery and the increase in steel prices, but the Taranto question remains a burning one. The unions confirm the strike for May 11: "Situation on the brink of collapse"
Saipem, Leonardo and Danieli have signed a cooperation agreement to modify the typical steel production process thanks to the use of electric and hybrid powered furnaces integrated with methane and hydrogen plants to produce green steel.
Covid pandemic and energy transformation mow Norwegian state group earnings as German steel recovers and improves estimates
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…
"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…
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"
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"
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
The judges accepted the joint request of Arcelor and the commissioners to postpone the hearing in order to be able to negotiate an agreement - The agreement should be signed by the end of February - The lawyers of the Indian group: "ArcerlorMittal remains in Taranto"
The company has summoned unions after the court's decision to reject the request to extend the use of Blast Furnace 2.
Fabio Riva, one of the members of the family who formerly owned Ilva, was acquitted of bankruptcy charges due to the collapse of the steel plant because the fact did not exist
After the sensational own goal of the cancellation of the rules on the previous non-punishability of Arcelor Mittal for Ilva, the Five Stars today present an ambiguous plan for the "economic reconversion" of Taranto which could lead to the definitive closure of the steel plant
Stop production in Poland, cuts in Spain - On Italy, the company assures: "Our goals will not change", but the expected increase in production will slow down
The Terni steelworks, in collaboration with Avvenia, a Terna group company, presented the new plant for the generation of steam without the use of fossil fuels - Avoided the emission of 30 thousand tons of CO2 per year.
The Avvocatura points out critical issues in the tender that awarded Ilva to the Indians of Arcelor-Mittal but does not cancel it -. Di Maio, however, stalls and risks putting the future of the steel plant in crisis: "The state has committed a perfect crime on Ilva". But…
The Ministry of Development initiates the procedure that could lead to the cancellation of the tender "due to the critical issues that have arisen" but does not close the door and meets ArcelorMittal on the new commitments - Ok to the program agreement for the former Lucchini of Piombino
After the memorandum signed last year, the definitive agreement arrives: a new company is born, a 50% joint venture that will be called 'Thyssenkrupp Tata Steel' - It will be the second European group after the Luxembourg-based ArcelorMittal, still at stake to take over Ilva …
In the meeting with the Ministry of Economic Development, the top management of the group reiterated to Di Maio their commitment to relaunch Ilva, which envisages a total investment of 4,2 billion euros
The report signed with Jindal Steel "is the first step in an industrial relaunch process for the steel production in Piombino", but now "the Government, the Tuscany Region, the Minister of Labor and Economic Development must provide timely answers…
The US President has postponed the final decision on tariffs on aluminum and steel imports from the European Union, Mexico and Canada for a month - Agreements in principle with Argentina, Australia and Brazil - What Italy risks…
From Tuesday May XNUMX, the new commercial tariffs on aluminum and steel, already applied to China, will also take effect in Europe - The most exposed country is Germany, but Italy (which does not produce aluminum and is not among the very first…
