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Protection Possible for ArcelorMittal for Ilva - Italian PM

Steel News - Published on Tue, 12 Nov 2019

Image Source: irishtimes.com
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.

Source :

Posted By : Rabi Wangkhem on Tue, 12 Nov 2019
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