Tag Archives: ArcelorMittal

ArcelorMittal Signs Deal to Suspend Plans to Exit Ilva Steelworks

March 17, 2020 Business Comments Off on ArcelorMittal Signs Deal to Suspend Plans to Exit Ilva Steelworks

ArcelorMittal Signs Deal to Suspend Plans to Exit Ilva Steelworks

ArcelorMittal said on Wednesday it had signed a deal that would see a significant injection of Italian state funding into the Ilva steelworks and would suspend a bid to walk away from the troubled plant, which it took over in 2018. The accord provides a respite in the four-month dispute that …

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