ArcelorMittal reaches deal with Italian unions on Ilva takeover

ArcelorMittal reached agreement with Italian trade unions over its proposed acquisition of Italian flat steel producer Ilva on Thursday September 6, according to press reports.

The agreement will open the way for Ilva to be taken over by the AM Investco consortium led by ArcelorMittal, according to news providers Reuters, La Repubblica and Il Sole 24 Ore.

Metal Bulletin’s price assessment for domestic hot-rolled coil (HRC) in Southern Europe – which is Ilva’s principal product - was stable over the week at €550-570 ($638-661) per tonne ex-works on September...


Maria Tanatar

September 06, 2018

17:03 GMT