trending Market Intelligence /marketintelligence/en/news-insights/trending/gbDe0EK6MgLVfDpsnkHryg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Court removes possible hurdle in Ilva deal talks between Italy, ArcelorMittal

Mining Exploration Insights December

Mining Exploration Insights: Dip in gold drilling weighs on results

Mining Exploration Insights: Is the exploration sector back on recovery?

State of the Market: Mining Q2-2019

Court removes possible hurdle in Ilva deal talks between Italy, ArcelorMittal

An Italian court ruled that one of three blast furnaces at the Ilva International SpA steel plant in the south of the country does not need to be shut down, Reuters reported Jan. 7.

The decision may aid the acquisition of Ilva by ArcelorMittal, which recently agreed with state-appointed commissioners managing the plant to extend discussions about the deal until the end of January, according to the report.

The new ruling overturns a magisterial order to shut down the plant following the death of a worker, and it sets a 12-month deadline for the commissioners to make the furnace at Ilva compliant with environmental and safety rules, the report said.

Italy's government is considering investing in Ilva and may also discuss the possibility of becoming Ilva shareholders with certain banks in the country, potentially converting a portion of their loans into equity, based on a report from Italian daily Il Messaggero.