Steelmaker ArcelorMittal has agreed to immediately restart talks with the Italia...
) has agreed to immediately restart talks with the Italian government over the future of the Ilva plant, Prime Minister Giuseppe Conte said after a four-hour meeting with the company.
India-based ArcelorMittal has blamed its threatened exit on the Italian government’s move to scrap a guarantee of legal immunity from prosecution over environmental risks while it carried out the clean-up at Ilva’s heavily polluted site. His comments came after a meeting in Rome with ArcelorMittal Chairman and Chief Executive Lakshmi Mittal, and his son Aditya Mittal, the group’s chief financial officer and CEO of ArcelorMittal Europe.
To facilitate the talks, the government will ask for the postponement of a court hearing scheduled for Nov. 27 over an appeal filed by Rome to try to stop ArcelorMittal’s planned decision to shut Ilva. However, earlier this week ArcelorMittal said it would halt the planned shutdown pending the court ruling.
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