ArcelorMittal signs non-binding agreement with Ilva commissioners

AM InvestCo, the consortium led by ArcelorMittal, has signed a non-binding agreement with the government-appointed commissioners of Italian plant Ilva, ArcelorMittal said on Friday December 20.

The agreement “forms a basis to continue negotiations on a new industrial plan for Ilva, including discussions on a substantial equity investment by a government-controlled entity”, the company said.

The new industrial plan will contemplate investments in green technology,...


Maria Tanatar

December 20, 2019

13:29 GMT