Italian government to summon ArcelorMittal over Ilva contract: source

Reuters Finance 1 week ago

ROME (Reuters) - The Italian government will summon representatives of ArcelorMittal (MT.AS) for a meeting following the group’s decision to pull out of a contract to take over struggling Italian steel maker Ilva, a government source said on Monday.

“The government will not give its consent to closing Ilva. There is no legal basis for the contract to be canceled. We will summon Mittal to Rome immediately,” the source said, following a meeting of ministers involved in handling the case.


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Reuters › Finance › 1 week ago
Steelmaker ArcelorMittal will not reverse its decision to withdraw from a deal to buy Italian steelmaker Ilva regardless of government efforts to salvage the accord, a source close to the matter said on Tuesday.
The New York Times › Finance › 1 week ago
Steelmaker ArcelorMittal will not reverse its decision to withdraw from a deal to buy Italian steelmaker Ilva regardless of government efforts to salvage the accord, a source close to the matter said on Tuesday.
One America News Network › Finance › 3 weeks ago
ROME (Reuters) - Italian Industry Minister Stefano Patuanelli said on Tuesday he would meet managers from ArcelorMittal over its struggling Ilva plant in the southern city of Taranto, amid political
Reuters › 1 week ago
ArcelorMittal said on Monday it was withdrawing from a deal to buy Italy's struggling steel firm Ilva after the government removed previously agreed guarantees of legal immunity over its operations.
The New York Times › Finance › 1 week ago
ArcelorMittal said on Monday it was withdrawing from a deal to buy Italy's struggling steel firm Ilva after the government removed previously agreed guarantees of legal immunity over its operations.
One America News Network › Finance › 3 weeks ago
By Giuseppe Fonte ROME (Reuters) - Italy's ruling coalition has decided to scrap a legal guarantee it had previously granted to steelmaker ArcelorMittal over its Ilva plant, a senior
The New York Times › Finance › 2 days ago
Nationalising the troubled Ilva steel plant would create problems with the European Commission, and the government should work on a "market solution" if ArcelorMittal pulls out of a contract to take over the site, Italy's Deputy Economy Minister...
The New York Times › Finance › 6 days ago
Italian metalworkers unions called on Thursday for a 24-hour strike on Nov. 8 to protest against ArcelorMittal's plan for thousands of job cuts at its troubled Ilva unit which it is threatening to abandon over a legal row with the government.
Reuters › Finance › 1 week ago
Italy's industry minister called the decision by AcelorMittal to withdraw from a deal to buy Italian steelmaker Ilva on the grounds Rome had lifted immunity from prosecution over pollution issues "an alibi".
The New York Times › Finance › 1 week ago
Italy's industry minister called the decision by AcelorMittal to withdraw from a deal to buy Italian steelmaker Ilva on the grounds Rome had lifted immunity from prosecution over pollution issues "an alibi".
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