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Contents

Previous: Ludhiana Fastener Units Resume Operation After 4 Months of Breaks

Next: Jingye Steel to Acquire British Steel

Protection Possible for ArcelorMittal for Ilva - Italian PM

Release time:Nov 13, 2019 From:admin

Italian Prime Minister Mr Giuseppe Conte said that his government would consider reintroducing guarantees of legal immunity for ArcelorMittal only if the steelmaker re commits to a contract to buy Ilva. He said in an interview with newspaper Il Fatto Quotidiano that “Only if Mittal changed his mind and told us that he would respect the commitments envisaged in the contract could the government) consider a new form of legal shield.”

He however added that the company had told him in a previous meeting that the problem was industrial and not judicial and that the group would have u-turned on the investment anyway.

Mr Conte said he would soon meet ArcelorMittal again over the future of the Ilva plant and that his government had already filed an urgent court appeal against their decision.

He added that Rome is convinced that its legal battle against ArcelorMittal has great chances of success.

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