ArcelorMittal accepts additional commitments on Ilva deal

ArcelorMittal has informed the Extraordinary Commissioners responsible for Italian steelmaker Ilva that it “accepts all the substantive requests for additional commitments with respect to the lease and purchase contract signed in June 2017,” the company said on Tuesday July 24.

The company declined to provide additional details about these commitments at the time of publication. The global steelmaker led the consortium which won a tender process to acquire Ilva in June 2017.

“ArcelorMittal is confident that these substantial commitments demonstrate to the [Italian] government and other national and local stakeholders its full commitment to...

Published

Maria Tanatar

July 24, 2018

17:30 GMT

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