POST Online Media Lite Edition


ArcelorMittal to shut down all blast furnaces in Ilva, Italy

Christian Fernsby |
ArcelorMittal Italia announced its decision to shut down all blast furnaces at the former Ilva Steelworks in Taranto by mid-January next year, thereby bringing all production at the site to an end.

Article continues below


Further, it denied media reports that it will continue to remain as the site’s operator until May next year.

Last week, the company had informed the Italian government that it plans to pullout of its agreement on operating Ilva.

The decision followed the removal of legal protection from prosecution offered to the company and its managers during the cleanup process.

Lucia Morselli, CEO, AM Italia informed union representatives about the blast furnace shutdown plan.

Accordingly, Blast Furnace 2 will be idled on 12th December, whereas Blast Furnace 4 will stop operating on 30th December.

Also, Blast Furnace 1 will stop operations on 15th January, 2020.

It must be noted that BF3 and BF5 are not currently operational.

In addition, the company plans to close the Strip Mill 2 towards end-November this year.

What to read next

EC approves Liberty House Group purchase of ArcelorMittal's divestment businesses
4,000 jobs to be lost in Italy after ArcelorMittal takeover
EC opens in-depth investigation into proposed acquisition of Ilva by ArcelorMittal