ArcelorMittal aims to restore Ilva as Italy’s leading steelmaker after bid is accepted

ArcelorMittal and Italian re-roller Marcegaglia aim to relaunch steelmaker Ilva as the number one Italian steel producer after their bid was approved by the Italian government.

Carlo Calenda, the Italian minister of economic development, has signed a decree to transfer Ilva to the Am Investco consortium, which also includes Italian bank Banca Intesa San Paolo, ArcelorMittal said on Tuesday...


Lee Allen

June 06, 2017

14:09 GMT