Home Ilva faces closure if sale does not go through soon, trade union says Lossmaking Italian flat steel producer Ilva is at risk of being closed down because it will run out of funds in September this year unless the country’s government speeds up its sale process, according to trade union Uilm. The company has been losing €30 million ($35 million) per month and at the moment its funds only total around €60 million, Uilm added. “This means that, in mid-September, the... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Maria Tanatar August 03, 2018 18:18 GMT London Keywords Ilva Italy Uilm ArcelorMittal Aditya Mittal Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
