Nov 20

Italian government confirms plan for majority Ilva stake

Italian economic development minister Stefano Patuanelli says the government will be a majority shareholder in former steelmaker Ilva, now ArcelorMittal Italia. During televised question time at the Italian Chamber of Deputies, followed byKallanish, Patuanelli said the government will be a significant presence. It will guarantee employment, a greener Ilva and the sustainability of the
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Nov 20

IndustriALL calls for new EU steel action plan

IndustriALL, the European association of trade unions, has issued a letter calling for the European Union to develop a new steel action plan, taking into account the Covid-19 pandemic. European authorities previously approved a steel action plan in 2013. This touched on many important aspects including a level playing field and the supply of
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Nov 16

Nucor leaves Italian JV

US steel producer Nucor is leaving its Italian joint venture with Doferdofin, part of Duferco, 12 years from its creation,Kallanishlearns from Duferco. The parties have come to an amicable agreement that will see Duferco buying Nucors 50% share of Duferdofin, becoming the sole shareholder of the company. Duferco has confirmed the 180 million ($212m)
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