Federacciai launches Italian consortium for former Ilva in Taranto

Federacciai has announced that it has tasked Gozzi with initiating an Italian consortium to revitalize the former Ilva in Taranto. This decision marks a strategic step aimed at renewing the production site, which is currently facing difficulties.

However, the order from the Court of Appeal of Milan to shut down the hot area creates urgency, with a possible appeal to the Supreme Court that may take two years. The situation has sparked controversy among the opposition regarding the timing of the operation.