Mittal bids for 'environmental disaster' Italian steel plant
Rome (AFP) Nov 26, 2014 - ArcelorMittal has teamed up with Italy's Marcegaglia to bid for Ilva, a loss-making Italian steel plant at the centre of a major environmental scandal, the target company confirmed Wednesday. The Ilva site at Taranto in the Puglia region of southern Italy employs 16,000 workers and has the biggest output capacity of any plant in Europe. It is currently operating at roughly half of its pe ... more
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