Steelworks Saga: Taranto's Troubled Titan Tempts Fifteen Tenacious Takers

Synopsis: According to reports in Italian media, the Italian government has received interest from 15 international and national entities for the former ILVA steel works in Taranto, now known as Acciarierie d'Italia. Business and Made in Italy Minister Adolfo Urso announced this development following the closure of the preliminary phase of an international tender for the facility.
Monday, September 23, 2024

The fate of Italy's largest steelworks, the former ILVA plant in Taranto, has taken a new turn as the Italian government reports significant interest from potential buyers. Business and Made in Italy Minister Adolfo Urso announced on Saturday that "expressions of interest from 15 international and national players" have been received for the troubled facility, now operating under the name Acciarierie d'Italia. This development marks a crucial step in the ongoing saga of the steelworks, which has been a source of economic, environmental, and health controversies for years.

The announcement came after the closure of the preliminary phase of an international tender for the facility. Urso, speaking on the sidelines of an event in Catania, revealed that the interested parties have shown diverse appetites for the assets. "Some have presented an expression of interest for the entire production asset and others for parts of the assets," he stated, indicating a range of potential outcomes for the future of the steelworks.

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